Amazon (AMZN) said on Tuesday it will be hosting a second Prime Day-style event in October named "Prime Big Deal Days," in an effort to lure shoppers ahead of the holiday season.  ( 1 min )

Billionaire Charlie Ergen is combining Dish and EchoStar in an all-stock deal to create one big wireless network that could take on AT&T and Verizon.  ( 1 min )

Beyond Meat's revenue declined 30% in the second quarter as consumers pulled back on buying plant-based meat.  ( 1 min )

Seeking protection from creditors while continuing to operate, EV parts supplier Proterra filed for Chapter 11 bankruptcy. The company's stock fell more than 65% in pre-market trade on Tuesday.  ( 1 min )

New indications is a term used to refer to evidence signifying that there may be new applications for an existing drug or procedure.  ( 18 min )

A basket deductible is a single deductible that is designed to pay for losses from different types of risks. It is designed to reduce the risk associated with business transactions by outlining indemnification.  ( 19 min )

Harvard Business School is an internationally renowned business school located at Harvard University in Boston, Massachusetts.  ( 21 min )

In a survey, 44% said they are concerned Social Security may run out of money and stop making payments.  ( 18 min )

Amazon (AMZN) said on Tuesday it will be hosting a second Prime Day-style event in October named "Prime Big Deal Days," in an effort to lure shoppers ahead of the holiday season.  ( 17 min )

BMO offers a relatively basic CD with special rates for certain terms. Learn about BMO's current CD rates and features to make an informed decision and grow your savings.  ( 20 min )

Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 21 min )

If you’re feeling the financial pressure from today’s high interest rates on all kinds of loans, relief from a year and a half of rate increases may be on the way.  ( 18 min )

U.S. equities sank at midday on Tuesday, Aug. 8, 2023, following bank downgrades by Moody's and data showing credit card debt rose to a record.  ( 17 min )

Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 23 min )

The process for how to file for student loan bankruptcy is more complex than the process for discharging other types of debt. Learn how to file and what debt qualifies.  ( 29 min )

Rates on 30-year mortgages dropped for a second day, along with almost every new purchase and refi average. But jumbo loan rates meanwhile held steady.  ( 20 min )

ADRs of Novo Nordisk surged to an all-time high after a study found Novo Nordisk's Wegovy weight-loss drug also helped cut risk of major adverse cardiovascular events by 20%.  ( 17 min )

A certificate of deposit is a good way to save money, especially when interest rates are high or rising. Learn about Third Federal Savings & Loan’s CD rates, term lengths, and more.  ( 20 min )

“Whartonite” is a colloquial term used to refer to graduates of The Wharton School of the University of Pennsylvania.  ( 21 min )

Eli Lilly shares rose to a record after the company posted better-than-expected results and raised its guidance on soaring demand soared for its diabetes drug, Mounjaro.  ( 17 min )

Homeschooling is an increasingly popular alternative to traditional schooling. Learn how much it costs the typical family to homeschool.  ( 24 min )

Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 20 min )

Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 20 min )

Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.  ( 18 min )

A euro deposit is a deposit of foreign currency into a European bank account within the eurozone.  ( 19 min )

Adjustable life insurance allows policyholders the option to change key features like premiums and the death benefit.  ( 24 min )

Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum deposit required.  ( 20 min )

The NFIB Small Business Optimism Index was slightly better than expected in July but overall small business owners continue to be troubled by prices, hiring, compensation and lower profits.  ( 17 min )

Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 19 min )

Billionaire Charlie Ergen is combining Dish and EchoStar in an all-stock deal to create one big wireless network that could take on AT&T and Verizon.  ( 18 min )

Beyond Meat's revenue declined 30% in the second quarter as consumers pulled back on buying plant-based meat.  ( 17 min )

A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 21 min )

The Marshall School of Business at the University of Southern California offers a variety of undergraduate and graduate programs.  ( 21 min )

Berkshire Hathaway is sitting on $144 billion, but CEO Warren Buffett believes there are better ways to use the spare cash than paying dividends.  ( 21 min )

How much does it cost to send a text message? For 11 trading firms, the practice of their employees texting about work on their personal devices has cost a combined $549 million in fines from federal regulators.  ( 17 min )

Columbia Business School is one of the top business and management schools in America and is located at Columbia University in New York City.  ( 21 min )

Seeking protection from creditors while continuing to operate, EV parts supplier Proterra filed for Chapter 11 bankruptcy. The company's stock fell more than 65% in pre-market trade on Tuesday.  ( 17 min )

Survey shows Americans are receptive to AI tools to help care for them as they age, with Nationwide testing ‘eldercare robotics’ for those with mobility issues.  ( 19 min )

Slowing revenue growth hasn't dented the profitability of America's biggest firms, as S&P 500 companies found alternative ways of boosting profits.  ( 18 min )

Getting into a top school does not hurt, but it is not the real driver of who goes on to do well in life, as some provocative research shows.  ( 25 min )

Here is a look at which presidents ran the largest federal budget deficits in U.S. history and why, from World War I through President Biden's administration.  ( 24 min )

Moody’s cuts the ratings for several banks while warning of downgrading others and UPS lowers its revenue and margins forecast following its new labor contract. Here’s what investors need to know today.  ( 19 min )

The Institut Europeen d'Administration des Affaires (INSEAD) is a top business graduate school, founded in 1957, with campuses in France, Singapore, and the Middle East.  ( 22 min )

Find out whether going to grad school and your payback from it—earnings, lifestyle, career opportunities—is worth the high cost of tuition.  ( 22 min )

Insurance in the United States dates back to colonial days, when Benjamin Franklin was a property insurance pioneer.  ( 21 min )

U.S. bailouts date all the way back to 1792. Learn how the biggest ones affected the economy.  ( 30 min )

Gold ETFs operating as trusts are straightforward. The trust holds gold and issues shares. Learn how ETFs are more efficient than buying physical gold.  ( 21 min )

U.S. equities sank at midday on Tuesday, Aug. 8, 2023, following bank downgrades by Moody's and data showing credit card debt rose to a record.  ( 1 min )

ADRs of Novo Nordisk surged to an all-time high after a study found Novo Nordisk's Wegovy weight-loss drug also helped cut risk of major adverse cardiovascular events by 20%.  ( 1 min )

Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.  ( 1 min )

Slowing revenue growth hasn't dented the profitability of America's biggest firms, as S&P 500 companies found alternative ways of boosting profits.  ( 1 min )

Moody’s cuts the ratings for several banks while warning of downgrading others and UPS lowers its revenue and margins forecast following its new labor contract. Here’s what investors need to know today.  ( 1 min )

Electric adventure vehicle maker Rivian is on deck to report second quarter earnings after the bell on Tuesday, following a recent run-up in its stock fueled by positive headlines.  ( 32 min )

Several stocks moved near 20% in either direction on Tuesday afternoon following earlier earnings reports.  ( 33 min )

(Bloomberg) -- US oil production this year will rise faster than previously expected, providing additional crude supplies to a market that has tightened because of Saudi Arabian output cuts, according to a new government forecast.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksThe Global South Breaks Away From the US-Led World OrderWall Street WhatsApp, Text-Message Fines Exceed $2.5 BillionChina’s Tra  ( 31 min )

Stocks remained under pressure but somewhat recovered from steeper losses in afternoon trading on Tuesday after a warning about US bank health and surprisingly weak Chinese trade data sent shivers through markets.  ( 31 min )

Bud Light received mixed reactions after partnering with transgender social media influencer Dylan Mulvaney in April. But renowned podcaster and comedian Joe Rogan still enjoys the brew. In a recent episode of "The Joe Rogan Experience" podcast, he cracked open a can of Bud Light with country music star Zach Bryan. "And we're drinking Bud Lights, ladies and gentlemen. Sorry. There's nothing wrong with it," Rogan said. "People are so silly. We were just talking about silliness. One person made a  ( 33 min )

Enough selling pressure could push the S&P 500 to 4300, a level it last saw in June.  ( 26 min )

Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.  ( 18 min )

The company warned that some larger cloud customers are continuing to take a conservative approach to spending.  ( 26 min )

(Bloomberg) -- International Flavors and Fragrances Inc. fell after slashing its full-year sales guidance as customers pull back on spending while working through their stashes of products instead of replenishing their pantries. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches a Stablecoin in Latest Crypto Payments PushThe Global South Breaks Away From the US-Led World OrderHSBC Execu  ( 31 min )

The Dow Jones Industrial Average fell more than 400 points in Tuesday morning trading as a wave of negative headlines spiked the market's fear gauge. The Dow was down 447 points, or 1.3%, shortly after 10:30 a.m. ET. The S&P 500 was down 1.1%, while the Nasdaq Composite was down 1.4%. After fallin  ( 12 min )

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Eli Lilly’s diabetes treatment Mounjaro, which is widely used for weight loss, raked in nearly $1 billion in second-quarter sales, or more than $200 million above what Wall Street had expected. Shares of the drugmaker soared to an all-time-high early Tuesday after Lilly said Mounjaro sales swelled more than 70% since the first quarter to $980 million. The U.S. Food and Drug Administration approved the drug at the end of last year's second quarter to treat type 2 diabetes, but analysts see a lot of potential for it in the booming market for weight-loss treatments, and doctors have already been prescribing it off-label for that.  ( 30 min )

DraftKings upgraded, Home Depot downgraded: Wall Street's top analyst calls  ( 33 min )

One top Wall Street strategist makes a compelling case for a pause in the market rally.  ( 32 min )

Finding solid returns is the key to success in stock investing, but there are almost as many paths to that as there are investors. You can pack your portfolio with long-term stocks featuring slow appreciation; you can invest heavily in trending stocks that are riding a bubble, hoping to cash out at the right time; or you can buy into low-cost equities that feature high potential to boom. That last is the allure behind the penny stocks. Traditionally priced for a dollar or less per share, today t  ( 35 min )

Moody's Investors Service cut the credit ratings of 10 U.S. regional banks and said it was reviewing the ratings of six other institutions, pointing to lower profits and higher funding costs. Shares of M&T Bank (MTB), Pin  ( 24 min )

The stock falls sharply after the scent and flavor maker cuts its full-year sales outlook.  ( 26 min )

(Bloomberg) -- Tesla Inc. has a long history of promoting talent from within. Outside hires don’t last for very long in the carmaker’s scrappy, hard-charging culture, and it takes a certain stamina to work for Elon Musk.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckUS Bank Shares Drop After Moody’s Cuts Ratings, Warns on RisksThe Global South Breaks Away From the US-Led World OrderEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches  ( 32 min )

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Palantir stock was rising early Tuesday after a drop following its earnings report. All eyes are on the progress of its artificial-intelligence platform after a stunning rally this year so far.  ( 27 min )

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Seeking protection from creditors while continuing to operate, EV parts supplier Proterra filed for Chapter 11 bankruptcy. The company's stock fell more than 65% in pre-market trade on Tuesday.  ( 17 min )

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Is it a viable plan to use my 401(k) for the eight years between retirement (age 62) and the max payout age for Social Security (age 70)? I have about $750,000 and I’m planning to take about $1,700 per month. I already have a pension of about $1,500 per month. –Lynne Waiting to file for […] The post Ask an Advisor: Should I Delay Social Security and Rely on My 401(k) for 8 Years? I Have $750k in Savings and a Pension appeared first on SmartReads by SmartAsset.  ( 32 min )

The EV maker produced and sold about 10% more vehicles than expected in the second quarter.  ( 26 min )

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(Bloomberg) -- Moody’s Investors Service lowered credit ratings for 10 small and midsize US banks and said it may downgrade major lenders including U.S. Bancorp, Bank of New York Mellon Corp., State Street Corp., and Truist Financial Corp. as part of a sweeping look at mounting pressures on the industry.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches a Stablecoin in Latest Crypto Pay  ( 32 min )

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The Delhi-trained public accountant with big shoes to fill has kept a low profile since joining Tesla in 2016—a very low profile.  ( 33 min )

Barington Capital is pushing the company to find new directors, and possibly a new CEO.  ( 25 min )

Novavax reported a second-quarter profit on Tuesday, helped by strong revenue from its COVID-19 vaccines, but still trimmed its full-year forecast for sales of the shot. The biotech company also entered into a stock purchase agreement with SK Bioscience Co, under which Novavax will issue 6.5 million shares to the South Korean company at $13 per share. Shares of Novavax were up 19% at $8.95 in premarket trading.  ( 31 min )

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UPS’ full-year guidance change reflects the volume and cost impact from labor negotiations with the Teamsters. The post UPS lowers full-year outlook, posts drop in Q2 results appeared first on FreightWaves.  ( 31 min )

Billionaire Charlie Ergen is planning to combine pay-TV provider Dish Network and satellite-communications company EchoStar.  ( 26 min )

Results of a study looking at whether Novo Nordisk's Wegovy reduces the risk of heart attack and stroke are released Tuesday.  ( 27 min )

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Revenue declined at UPS in the second quarter and the package delivery company lowered its full-year revenue expectations by $4 billion, primarily due to a tentative labor contract reached late last month with its 340,000 unionized workers. UPS reached a tentative deal with the International Brotherhood of Teamsters, potentially averting a strike that threatened to disrupt package deliveries for millions of businesses and households nationwide. Under the agreement, which still needs to be approved by union members, full- and part-time union workers will get $2.75 more per hour in 2023, and $7.50 more by the end of the five-year contract.  ( 30 min )

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Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 9 min )

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Eli Lilly beat Wall Street estimates for second-quarter profit on Tuesday, buoyed by strong demand for its new diabetes drugs Mounjaro, ahead of a decision on the medicine's use as a weight-loss treatment. Excluding items, the U.S. drugmaker earned $2.11 per share in the quarter ended June 30, above analysts' average expectations of $1.98.  ( 30 min )

(Bloomberg) -- Investors betting against Rivian Automotive Inc. have a lot riding on the electric vehicle maker’s results later Tuesday, after a steep rally exposed them to big losses. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches a Stablecoin in Latest Crypto Payments PushThe Global South Breaks Away From the US-Led World OrderHSBC Executive Slams ‘Weak’ UK for Backing US Against  ( 33 min )

Kirkhorn was a key part of Tesla's turnaround over the last five years, says Dan Ives of Wedbush Securities.  ( 31 min )

A plunge in Chinese imports bodes ill for Alibaba. But falling exports holds gloomy signs for the global economy more broadly.  ( 26 min )

Stocks extended their fall on Tuesday after a warning about US bank health and surprisingly weak Chinese trade data sent shivers through markets.  ( 31 min )

Stocks sank at the open on Tuesday, after a warning about US bank health and surprisingly weak Chinese trade data sent shivers through markets.  ( 31 min )

Stocks sank on Tuesday, set to open in the red after surprisingly weak Chinese trade data and a warning about US bank health sent shivers through markets.  ( 31 min )

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The rating agency said rising funding costs, possible decline in deposit levels and weaker profitability pose risks to the banking sector, which went through a crisis earlier this year after the collapse of three lenders. "The Moody's announcement is a wake-up call," Stuart Cole, chief macro economist at Equiti Capital, said.  ( 31 min )

Meanwhile, the global shipping downturn, which has hurt margins for the sector, has forced logistic firms to balance costs and capacity to lower demand. UPS now expects 2023 consolidated revenue to be about $93 billion, compared with a prior forecast of about $97 billion. The company expects full-year adjusted operating margin of around 11.8%, compared to its prior forecast of about 12.8%.  ( 31 min )

Average prices of gold during the reported quarter rose 4.3% compared to last year, nearly touching an all-time high in May as U.S. banking concerns accelerated a rush to the safe-haven asset. The company's average realized gold prices stood at $1,972 per ounce, up from $1,861 per ounce a year earlier. Meanwhile, all-in sustaining costs (AISC) for gold, a key industry metric that reflects total expenses associated with production, rose to $1,355 per ounce from $1,212 per ounce in the year-ago quarter.  ( 31 min )

Yahoo Finance asked top analysts, economists, and other industry experts to submit a chart that they think best sums up what's going on in the economy and in markets today.  ( 60 min )

Palantir stock was rising early Tuesday after a drop following its earnings report. All eyes are on the progress of its artificial-intelligence platform after a stunning rally this year so far.  ( 27 min )

(Bloomberg) -- A selloff in emerging markets accelerated Tuesday after data releases from China to Hungary underscored the price nations are paying for disinflation: a deeper slowdown in economic growth than initially expected.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches a Stablecoin in Latest Crypto Payments PushHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaTexas Pow  ( 31 min )

Major Chinese property developer Country Garden said on Tuesday it has not paid two dollar bond coupons due Aug 6 worth a total of $22.5 million. The bonds in question are notes due on Feb 2026 and Aug 2030 , both with 30-day grace periods, investors said, citing prospectus. Country Garden said its usable cash has continuously decreased, showing "periodic liquidity stress" due to deterioration in the sales and refinancing environment, and the impact from various fund regulations.  ( 31 min )

Ratings agency Moody's downgraded the credit ratings of several U.S. banks on Monday and warned it was reviewing the status of some of the nation's biggest lenders. Moody's cut the ratings of 10 U.S. banks by one notch and placed some banking giants on review for potential downgrades. The downgraded banks include M&T Bank, Pinnacle Financial Partners, Prosperity Bank and BOK Financial Corp.  ( 31 min )

Bitcoin edged up on Tuesday morning in Asia after U.S. multinational payment giant PayPal launched a U.S. dollar-pegged stablecoin on Monday.  ( 32 min )

Het aantal vluchten in Europa is in juli bijna weer op het niveau van voor de coronapandemie gekomen, meldt de Europese luchtverkeersleidingsdienst EUROCONTROL. Wel zorgde het extreme weer voor veel vertraging.  ( 3 min )

Elf van de twaalf reisaanbieders laten op hun website prijzen zien waarvoor de vakantie helemaal niet te boeken is. Dat blijkt uit een controle van toezichthouder ACM. Binnen acht weken moeten de reisaanbieders hun zaken op orde hebben, anders volgen boetes.  ( 4 min )

De Italiaanse regering gaat zogenoemde overwinsten van banken extra belasten, omdat banken profiteren van de oplopende rente. De overheid denkt daarmee 2 miljard euro op te halen voor belastingverlagingen en steun aan starters op de woningmarkt.  ( 3 min )

Elf van de twaalf reisaanbieders laten op hun website prijzen zien waarvoor de vakantie helemaal niet te boeken is. Dat blijkt uit een controle van toezichthouder ACM. Binnen acht weken moeten de reisaanbieders hun zaken op orde hebben, anders volgen boetes.  ( 4 min )

Om de beschikbaarheid van flexwoningen te stimuleren, kocht de overheid er alvast tweeduizend. Nu blijkt dat er ondanks een nijpend woningtekort nog steeds negentienhonderd in de opslag staan.  ( 4 min )

Op NU.nl vind je elke dag een stelling die bij het nieuws past. Lang niet alles waar statiegeld op zit wordt ingeleverd, bleek maandag. Lever jij je blikjes in, of gooi je ze nog steeds in de prullenbak? Is 15 cent statiegeld de moeite waard? Breng je stem uit en discussieer mee.  ( 3 min )

Doordat de voetbalsters hun WK-wedstrijden midden in de nacht spelen, komen Oranjegetinte reclames en acties vanuit winkeliers nog niet van de grond. De verwachting is dat de Oranjekoorts stijgt als Nederland vrijdag in de kwartfinale ook van Spanje wint.  ( 4 min )

De Chinese export is in juli voor de derde maand op rij afgenomen. Het land voerde vorige maand 14,5 procent minder uit dan een jaar eerder, de grootste daling sinds het begin van de coronapandemie.  ( 3 min )

Prijzen voor energie zijn in een jaar tijd met meer dan 34 procent gedaald. Desondanks blijft de inflatie met 4,6 procent in juli best hoog. Belangrijkste oorzaak is dat boodschappen nog steeds fors duurder zijn dan vorig jaar.  ( 4 min )

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We’re in the midst of a major economic transition, one that may eventually match the changes of the Industrial Revolution. The change, of course, is the advent of the green economy, and the switch from fossil fuel energy sources to renewable energy. While wind and solar power are soaking up the headlines, a more plausible long-term green power source is already near at hand: hydrogen. Hydrogen, the most common element in the universe, is all around us – highly reactive and non-polluting. When us  ( 35 min )

Lucid reported a second-quarter per-share loss of 40 cents from sales of about $151 million. Wall Street was looking for a per-share loss of 34 cents from sales of $182 million.  ( 26 min )

(Bloomberg) -- Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Monday. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatPayPal Launches a Stablecoin in Latest Crypto Payments PushUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaThe Burlingame, California-based com  ( 31 min )

Here's why Apple's stock buybacks are good news for Berkshire Hathaway's Warren Buffett.  ( 33 min )

Nothing warms an investor's heart more than seeing companies in their portfolio with consistently increasing earnings that also beat the analysts' expectations. With dozens of second-quarter real estate investment trust (REIT) earning reports coming out this week, take a look at three REITs with dividend yields above 6% that just beat Wall Street's second-quarter estimates for earnings and revenue. EPR Properties (NYSE:EPR) is a Kansas City, Missouri-based diversified experiential REIT that owns  ( 33 min )

“The gravity of a challenging smartphone market particularly in developed regions that should continue…is a headwind for the stock,” UBS analyst David Vogt said.  ( 33 min )

RingCentral posted solid second-quarter results that edged Wall Street estimates, but the cloud-based telecom provider left its full-year view mostly intact.  ( 26 min )

Today's top three nationwide CD rates are 5.75% APY from Andrews Federal Credit Union, 5.60% APY from Northern Bank Direct, and 5.55% APY from Sallie Mae Bank.  ( 20 min )

The Bud Light owner is selling eight beer and beverage brands for an undisclosed amount to the cannabis company.  ( 26 min )

Things couldn't be going much better for the drugmaker. The stock is up about 50% over the past 12 months and nearly 25% so far this year.  ( 26 min )

Tyson Foods CEO called the closures an "efficiency play short-term." Here's what happens to employees who work there and more.  ( 32 min )

For all those who are not Tesla Inc (NASDAQ: TSLA) or one of the biggest Chinese EV makers, the EV venture is wildly risky ride that makes profitability seem like mission impossible sometimes. Although Kelley Blue Book reported that EV sales skyrocketed 65% last year while automotive sales contracted 8%, the EV adoption is everything but fast as it entails hefty costs. For manufacturers, Tesla made it even harder by starting a price war at the beginning of the year, one that not many are able to  ( 34 min )

Tesla surprised the Street with news of the departure of its longtime CFO.  ( 33 min )

(Bloomberg) -- When China abandoned pandemic restrictions after three years of stringent controls, Nie Xingquan was expecting booming sales for his hand-made leather shoes. Instead, demand has been so poor that he’s had to cut prices 3% from a year ago and reduce his profits.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatPayPal Launches a Stablecoin in Latest Crypto Payments PushUkraine Black Sea Dro  ( 33 min )

Wall Street is looking for a 3-cent per share loss from sales of $1.3 billion. A year ago, Li reported a 2-cent loss from $780 million in sales.  ( 26 min )

Plant-based meat maker Beyond Meat said its revenue plunged 30.5% in the second quarter as consumer demand for its burgers, sausages and other products fell despite price cuts. The El Segundo, California-based company lowered its full-year revenue forecast as a result. International revenue was down 8.7%.  ( 30 min )

The tech titan has had three consecutive quarters of declining sales for the first time since 2016. The stock was the Dow's worst performer on Monday.  ( 27 min )

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Luxury electric vehicle maker Lucid reported second quarter financials results that the missed the mark, though the automaker reiterated it would hit its annual production target and confirmed the upcoming Gravity SUV would be revealed later this year.  ( 32 min )

The repurchase program is the data-analytics software company's first since the stock began trading in 2020.  ( 27 min )

Palantir Technologies raised its annual revenue forecast on Monday and said it would buy back shares worth up to $1 billion as the data analytics software maker enjoys "unprecedented demand" for its artificial intelligence platform. In a letter to shareholders, CEO Alexander Karp said the platform has users across over 100 organizations, including from automotive and healthcare industries, and that Palantir was in talks with more than 300 additional companies. Investors expect Palantir to have an edge over others in working with large language models in heavily regulated industries such as defense due to its work with U.S. government bodies including the Central Intelligence Agency.  ( 31 min )

Paramount Global reported second-quarter earnings after the bell on Monday. Here's what to know.  ( 33 min )

Stocks recovered on Monday as earnings season starts to wind down and investors brace for an inflation reading crucial to the Federal Reserve decision-making.  ( 32 min )

Palantir Technologies raised its annual revenue forecast on Monday and said it would buy back shares worth up to $1 billion as the data analytics software maker enjoys "unprecedented demand" for its artificial intelligence platform. In a letter to shareholders, CEO Alexander Karp said the platform has users across over 100 organizations, including from automotive and healthcare industries, and that Palantir was in talks with more than 300 additional companies. Investors expect Palantir to have an edge over others in working with large language models in heavily regulated industries such as defense due to its work with U.S. government bodies including the Central Intelligence Agency.  ( 31 min )

The quarterly earnings report from Berkshire Hathaway was the first with a full set of financial numbers from Pilot. The post 1st peek at Pilot’s finances after Berkshire Hathaway ownership grows appeared first on FreightWaves.  ( 31 min )

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The tech titan has had three consecutive quarters of declining sales for the first time since 2016. The stock was the Dow's worst performer on Monday.  ( 27 min )

After driving a 2023 stock rally, AI isn't moving stocks during second quarter earnings.  ( 33 min )

The ghost kitchen company that runs MrBeast Burger has countersued Jimmy Donaldson, aka YouTube megastar MrBeast. Virtual Dining Concepts alleges that Donaldson and his company have "materially damaged the reputation of MrBeast Burger and VDC." It's seeking over $100 million in damages.  ( 30 min )

Campbell Soup wants its grocery business to be taken more seriously by investors.  ( 32 min )

With elevated interest rates, securing a mortgage to buy a house can be challenging. But what could be more surprising is how the numbers actually work once you start making mortgage payments. "New mortgage math is brutal," Austen Allred, co-founder and CEO of online coding bootcamp Bloom Institute of Technology, wrote in a recent tweet. Allred explained that if you purchase a $1 million house with a $200,000 down payment and get an $800,000 mortgage at a 7% interest rate, in the first three yea  ( 32 min )

Luxury electric vehicle maker Lucid slashed prices of its sole product, the Air sedan, ahead of an important earnings release today after the bell.  ( 32 min )

(Bloomberg) -- A beaten down micro-cap biotech company, Vistagen Therapeutics Inc., is having its best day ever, surging north of four digits after its experimental nasal spray for social anxiety disorder hit targets in a late-stage trial.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatPayPal Launches a Stablecoin in Latest Crypto Payments PushUkraine Black Sea Drone Attacks Signal Rapidly Expanding W  ( 31 min )

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Shares of Tesla are down in afternoon trading after Elon Musk's electric-vehicle company said its chief financial officer stepped down. Zachary Kirkhorn stepped down after a 13-year tenure with the company, Tesla s  ( 21 min )

The share of U.S. consumers who believe it is a bad time to buy a home reached the highest level in at least 13 years in July, according to a survey released on Monday, as the supply of available properties remains scarce and home prices appear to have stopped cooling. The portion of U.S. consumers saying now is a "bad time to buy" a new home increased by 4 percentage points in July to 82%, according to a report released Monday by Fannie Mae, the highest level since the mortgage finance giant began conducting the survey in 2010. Consumers' outlook also appears to have taken a hit, with a net 17% of respondents expecting price increases in the next 12 months, the highest percentage in over a year.  ( 31 min )

Forever is a long time to forecast  ( 5 min )

Shares of the chip company Intel have gained about 35% so far this year as they gain ground lost in last year’s rout. The CEO just bought $250,000 of stock.  ( 26 min )

Tesla’s 39-year-old chief financial officer has left the company with a $170m (£130m) fortune after just four years in the post.  ( 31 min )

Viatris CEO Scott A. Smith said that the company will be announcing at least one and perhaps others of its planned $9 billion in divestitures.  ( 10 min )

(Bloomberg) -- The fortune of Vietnam’s wealthiest man is poised to soar by as much as $11 billion, vaulting him to the upper ranks of the world’s richest people — for a while, at least.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaPayPal Launches a Stablecoin in Latest Crypto Payme  ( 33 min )

MS equity strategist Michael J Wilson noted that massive fiscal stimulus, prompted by the COVID-19 pandemic since its outbreak in 2020, allowed the U.S. economy to grow faster than forecast. This resilience in the face of rapid interest rate hike by the U.S. Federal Reserve has seen some Wall Street strategists chalking in a continued rally for some U.S. stocks. While aggressive fiscal spending could continue, given the debt ceiling has been raised, fiscal policy has limits as deficits would widen - one of the reasons for Fitch's downgrade.  ( 31 min )

The company said boosting dividends was part of a “sustainable and progressive” approach to investor payouts.  ( 31 min )

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Shares of Apple continued to slide in Monday trading, falling another 1.9%. It was on track to be the worst performer in the Dow Jones Industrial Average. If the drop holds, it would be Apple's fifth-straight session of declines, according to Dow Jones Market Data. It's down 9.1% in the past five s  ( 11 min )

That's how much market value Apple has lost over the course of a recent losing streak for its stock, according to Dow Jones Market Data as of Monday morning. Shares of Apple are falling Monday for a fifth consecutive trading session. The sell off intensified after Apple [reported earnings](https://  ( 21 min )

Mortgage rates showed a notable drop across almost every loan type, with the 30-year average reversing course after rising last week to its highest point in almost four weeks.  ( 21 min )

Investors are constantly looking for different ways to beat the market and there are several routes to follow in that pursuit. One common strategy is to keep track of the insiders’ moves. By insiders, we mean the corporate officers responsible for their own companies’ performance, who also naturally know the inner workings of the firms they work for better than anyone else. When they are seen picking up shares of company stock – by law they are required to make the transactions public – it sends  ( 34 min )

Zachary Kirkhorn, who some watchers of the EV company have said could take on an expanded role if CEO Elon Musk wanted to do less, is stepping down.  ( 26 min )

Sage Therapeutics says it is 'evaluating resource allocation, including pipeline prioritization and a workforce reorganization with a goal of extending our cash runway.'  ( 27 min )

PayPal would represent a blue-chip alternative to the largest stablecoin issuer, Tether, which could make $6 billion in profit this year.  ( 26 min )

Swings in stocks and bonds have boosted the metal’s popularity with ordinary investors.  ( 26 min )

American Airlines downgraded, United upgraded: Wall Street's top analys  ( 33 min )

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The EV maker appointed Vaibhav Taneja as chief financial officer, succeeding Kirkhorn.  ( 25 min )

Guggenheim analysts downgraded Cloudflare while Wedbush pulled Palo Alto Networks from its best ideas list as worries spread about cybersecurity spending.  ( 27 min )

(Bloomberg) -- Tyson Foods Inc. will shut down four additional chicken facilities after fiscal third-quarter sales trailed even the lowest of analyst estimates. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampProduction f  ( 32 min )

Stocks were setting up to recover from a recent bumpy patch early Monday, as earnings season starts to wind down and investors brace for an inflation reading crucial to Federal Reserve decision making.  ( 31 min )

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Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs. The company said Monday that the plants being closed are located in North Little Rock, Arkansas; Corydon, Indiana; Dexter, Missouri and Noel, Missouri. Tyson said that it will shift production to other facilities and halt operations at the four plants in the first two quarters of fiscal 2024.  ( 31 min )

Tesla said on Monday that Zachary Kirkhorn stepped down as its chief financial officer and named Vaibhav Taneja as its new finance chief. Taneja takes on the CFO role in addition to his role as chief accounting officer, the automaker said. Kirkhorn, who stepped down from his role on Friday, will remain with Tesla through the end of the year.  ( 30 min )

Kevin O'Leary, the entrepreneur and "Shark Tank" television star, expressed concern over a "crisis emerging" in the United States during a recent interview on Fox Business. O'Leary, who works closely with small and mid-sized businesses, said he doesn't see optimism increasing in the economy as some may suggest. Despite reports of optimism in the data, O'Leary's interactions with businesses across various states reveal a different reality — entrepreneurs are far from content with the prevailing e  ( 32 min )

Campbell said the deal for Sovos Brands is expected to close in December.  ( 26 min )

Nikola stock has been all over the place. The trend, despite all the volatility, is up. Shares have been boosted by demand for the company's hydrogen fuel cell-powered trucks.  ( 27 min )

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Tracy Britt Cool likened her approach in reaching out to businesses to applying for college scholarships, saying it takes energy and discipline.  ( 31 min )

Sales drop by more than expected in the second quarter, but BioNTech says its new 'variant-adapted Covid-19 vaccine' is still on track.  ( 27 min )

U.S. inflation data due this week could provide fresh catalysts to crypto markets that are in a bit of a slump.  ( 26 min )

The company is closing more meat-processing plants as it continues to try to fix its chicken business, while challenges persist across its beef and pork operations.  ( 25 min )

The maker of Ball Park hot dogs and other foods closed four chicken facilities to cut costs, recording an impairment charge.  ( 26 min )

Three years into the return-to-office battle and it’s becoming apparent that its staunchest supports are losing ground.  ( 32 min )

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(Bloomberg) -- Federal Reserve Bank of New York President John Williams sees the need to keep US monetary policy restrictive for some time and said interest-rate cuts may be warranted next year if inflation slows. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaNetanyahu Seeks to Chan  ( 30 min )

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In highly polarized times, no matter the cultural or political issue, broadly, 45% support you, 45% are against you, and about 10% are undecided.  ( 34 min )

Tyson Foods said on Monday it is closing four more U.S. chicken plants in its latest effort to cut costs. The meat company has grappled with declining profits and struggled to improve results in its chicken business. Tyson said it would move the work performed in the plants to newer facilities that are closer to its customers, but declined to say how many employees were affected.  ( 31 min )

American consumers have been turning more cautious and pulling back on their meat purchases as higher rent and interest rates squeeze household budgets, hurting sales at multinational meat packers such as Tyson and Hormel Foods. The U.S. meat packer, which had bumped up meat prices last year, reported a 3% drop in quarterly net sales to $13.14 billion, below analysts' expectations of $13.59 billion, based on Refinitiv data. The biggest U.S. meat company by sales, Tyson has also seen its margins come under pressure as declining U.S. cattle herds force it to pay more for livestock, while a lingering drought has pushed animal feeding expenses further up.  ( 31 min )

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Campbell Soup stirs up its sauce portfolio with Sovos deal.  ( 31 min )

Block stock tumbled into the end of the week, but analysts are turning more upbeat given the fintech group's guidance and position among peers.  ( 26 min )

(Bloomberg) -- Nvidia Corp. has soared more than 200% this year, and if that’s used as a proxy for the bubble in artificial intelligence stocks, Morgan Stanley reckons the peak in the bull-run is near.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How J  ( 31 min )

Fortinet stock fell 25% on Friday after it warned of deals being delayed. Guggenheim's Raymond McDonough says it's time to buy the dip.  ( 26 min )

Surging U.S. corporate bankruptcies surpass the total for all of 2022 as filings reach pace on par with pandemic, global financial crisis years.  ( 19 min )

“It requires the discipline and the time and the energy to do it. And to invest in that.”  ( 31 min )

Sales drop by more than expected in the second quarter, but BioNTech says its new 'variant-adapted Covid-19 vaccine' is still on track.  ( 27 min )

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(Bloomberg) -- Palantir Technologies Inc. faces a fresh test of whether it can justify the artificial intelligence hype when it reports earnings later on Monday. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampThe da  ( 33 min )

Wall Street's main indexes ended the week lower on Friday with some investors taking profits after months of gains due to economic data, mixed earnings and rising Treasury yields. U.S. stocks have sharply rallied in 2023, with the benchmark S&P 500 clocking 16.6% gains year to date, fueled by optimism around artificial intelligence and hopes of a soft landing for the world's largest economy. Both Bank of America and JPMorgan last week ditched their forecasts for a U.S. recession.  ( 31 min )

Stocks were setting up to recover from a recent bumpy patch early Monday, as earnings season starts to wind down and investors brace for an inflation reading crucial to Federal Reserve decision making.  ( 31 min )

There is at least one problem with the stock market's rally.  ( 32 min )

(Bloomberg) -- Banks seeking to sell commercial-property loans are encountering a dried-up market with few options for an easy exit.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampLenders including Goldman Sachs Grou  ( 35 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 9 min )

(Bloomberg) -- Oil held gains after Ukraine attacked another Russian vessel over the weekend, putting at risk significant flows of the nation’s commodities from the Black Sea such as crude and grains.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageDeSantis Camp Hit by Gloom a  ( 32 min )

Apartment buildings rose in value for years, but surging interest rates loom over the sector’s property owners now.  ( 26 min )

(Bloomberg) -- A fresh fiscal showdown is brewing in Washington that threatens to complicate the Federal Reserve’s policy making and strengthen Fitch Ratings’ warning that self-inflicted wounds are tarnishing America’s standing in the global economy.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rap  ( 32 min )

Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed in hundreds of billions of dollars to buy and build factories for market access and cheap labour, bolstering the Chinese currency. A gentle downtrend in foreign direct investment gave way to a steep drop last quarter and inflows to China slammed to their lowest since records began 25 years ago, raising the prospect that the long-term trend is turning. Corporate leaders and their advisers say a shift is under way and the political concerns behind investment decisions are long term, which leaves the yuan facing pressure from what was long one of its staunchest supports.  ( 32 min )

U.S. inflation data due this week could provide fresh catalysts to crypto markets that are in a bit of a slump.  ( 26 min )

The 99-year-old company filed for Chapter 11 bankruptcy protection Sunday and said it will seek court authorization to make payments such as employees wages, salaries and benefits.  ( 26 min )

Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide. The Chapter 11 bankruptcy, which was filed Sunday, comes just three years after Yellow received $700 million in pandemic-era loans from the federal government. Former Yellow customers and shippers will face higher prices as they take their business to competitors, including FedEx or ABF Freight, experts say — noting Yellow historically offered the cheapest price points in the industry.  ( 31 min )

↗️ Berkshire Hathaway (BRK.B, BRK.A): Warren Buffett’s conglomerate swung to a second-quarter profit of  ( 21 min )

Investor morale in the euro zone unexpectedly rose in August, ending three consecutive months of decline as inflation has lost some of its explosive power, but there are no signs of a lasting turnaround in sentiment, a survey showed on Monday. Sentix's index for the euro zone rose to -18.9 points in August from -22.5 in July, beating expectations of analysts polled by Reuters of a further drop, to a reading of -24.3. Germany in particular has become "the sick man" of the euro zone and is weighing heavily on the region, said Sentix managing director Patrick Hussy, with investor morale in Europe's largest economy falling to its lowest level since October 2022.  ( 30 min )

Warren Buffett's Berkshire Hathaway reports second-quarter after-tax operating earnings of $10 billion, a quarterly record, trucking company Yellow files for bankruptcy, and Lucid slashes prices ahead of Monday's earnings report. Palantir also reports Monday, while UPS, Eli Lilly, and Walt Disney are scheduled to issue earnings later this week.  ( 27 min )

(Bloomberg) -- China raised its gold reserves for a ninth straight month in July as central bank purchases continue to underpin prices of the precious metal.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatMusk Says He May Need Surgery, Will Get MRI on Back and NeckShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampBullion hel  ( 30 min )

(Bloomberg) -- Warning bells are ringing for US stocks from signs that high fiscal spending, which underpinned economic growth this year, is unsustainable, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatMusk Says He May Need Surgery, Will Get MRI on Back and NeckShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How J  ( 32 min )

(Bloomberg) -- Investors in emerging markets are shifting to stocks from bonds as they prepare for the world after monetary tightening.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatMusk Says He May Need Surgery, Will Get MRI on Back and NeckShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampThere are early signs of a rotati  ( 32 min )

Saudi Arabia's state-run oil giant Aramcobrought in $30 billion in revenues in the second quarter, a nearly 40% decline from the same period the previous year, which it attributed to lower crude oil prices. Aramco is one of the biggest companies in the world, and Saudi Arabia is looking to oil revenues to fund ambitious plans to overhaul its economy.  ( 29 min )

(Bloomberg) -- China’s local government financing vehicles are showing more signs of stress, with a record number of them missing payments for a popular type of short-term debt last month. Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarUS Lab Behind Fusion Breakthrough Reache  ( 30 min )

Saudi Arabian state oil giant Aramco on Monday reported a near 38% drop in second-quarter net profit reflecting lower oil prices and thinner margins in refining and chemicals. Aramco's net profit fell to 112.81 billion riyals ($30.07 billion) for the quarter to June 30 from 181.64 billion a year earlier, the company said in a bourse filing, but topped the $29.8 billion expected by 15 analysts in an Aramco-provided poll. ($1 = 3.7513 riyals)  ( 29 min )

German industrial production dropped more strongly than forecast in June, according to data released on Monday, underlining the challenges faced by manufacturing amid a downturn in Europe's largest economy. "The minus in June provides a taster for the poor production figures that are on the horizon for the coming months," said Commerzbank chief economist Joerg Kraemer. The Germany's manufacturing sector has already had a difficult year so far due to dwindling orders, sluggish output and high prices, with the HCOB final Purchasing Managers' Index (PMI) for manufacturing falling for a sixth consecutive month in July.  ( 30 min )

China's state planner hinted of stimulus over three press conferences convened last week, but investors were underwhelmed by proposals to expand consumption in the automobile, real estate and services sectors as well as extend loan support tools for small and medium-sized enterprises until the end of 2024. As many of China's major markets grapple with higher borrowing costs amid a battle to bring down soaring inflation, authorities in Beijing are walking a tight rope in trying to boost domestic consumption without easing monetary policy too much lest it triggers large capital outflows. But South Korean exports to China, a leading indicator for imports to the Asian giant dropped 25.1% in July from a year earlier, the sharpest in three months.  ( 30 min )

Thailand is benefiting from India's rice export ban and has no reason to halt shipments of the grain itself, its commerce minister said on Monday. The government would ensure sufficient rice output for both domestic consumption and exports, and also make sure domestic prices are not too high, minister Jurin Laksanawisit told a press briefing. In the first seven months, Thailand shipped 4.8 million metric tons, he said, adding monthly exports stood at 700,000 to 800,000 metric tons.  ( 30 min )

Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be laid off and the cuts will start from this week, two people with knowledge of the matter said, as part of the bank's integration with UBS Group. Only about 20 bankers will likely be spared the cuts that will impact Credit Suisse's 100-people strong investment banking team based in the territory, the people said, declining to be identified as the discussions on the matter were private. Hong Kong makes up Credit Suisse's biggest share of investment bankers in Asia.  ( 31 min )

(Bloomberg) -- After India banned some rice exports to control domestic prices, traders are worried another food staple could be vulnerable: sugar.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageThe world has beco  ( 32 min )

When the chip designer Arm shortly sells shares in this year’s most closely watched initial public offering (IPO), it will represent for many the final Americanisation of a great British company.  ( 35 min )

(Bloomberg) -- Hedge funds ramped up their bearish Treasuries bets to a record last week just as yields surged toward multi-month highs, while more traditional investors were burnt having boosted wagers in the opposite direction with similar conviction.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampMusk Says He May Need Surgery, Will Get MRI on Back and NeckUkraine Black Sea Drone Attacks Signal  ( 31 min )

(Bloomberg) -- Yellow Corp. filed for bankruptcy after the trucking firm’s long-running financial woes were compounded by a dispute with its labor force. Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarUS Lab Behind Fusion Breakthrough Reaches Ignition AgainThe carrier listed  ( 31 min )

The bankruptcy follows years of struggles as it tried to address the debt it accumulated through a series of mergers and a $700 million federal Covid-19 relief loan.  ( 28 min )

(Bloomberg) -- The euro zone’s custodians have set a course for the biggest policy-inflicted blow since the currency was created.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageThe combination of higher interest r  ( 33 min )

Asian shares were trading mostly lower on Monday after U.S. employment data had Wall Street close out a losing week. Investors are also closely watching earnings reports due later this week, including from Disney in the U.S., Alibaba Group in China and Sony and SoftBank in Japan. Japan's benchmark Nikkei 225 recouped losses earlier in the day and was down less than 0.1% at 32,190.31 in morning trading.  ( 32 min )

(Bloomberg) -- Paytm founder Vijay Shekhar Sharma will acquire a 10.3% stake from China’s Ant Group Co., in an unusual transaction that won’t involve any cash payment or change in economic interest.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarUS Lab Behind Fusion Breakthrou  ( 30 min )

U.S. trucking firm Yellow Corp filed for Chapter 11 bankruptcy protection on Sunday, burdened with a heavy debt load after a series of mergers and following tense contract negotiations with the Teamsters Union.  ( 29 min )

Japanese authorities are unlikely to intervene in foreign exchange markets to prop up the yen as the currency has already found some support and will head much higher as U.S. interest rates peak, former finance official Eisuke Sakakibara said. Sakakibara gained a reputation as a market mover in the 1990s after devising several currency interventions during his time as vice finance minister, earning him the nickname "Mr Yen". The yen is poised to reach 130 against the U.S. dollar by the year end as the U.S. Federal Reserve ends its aggressive monetary tightening and as Japan's economic outlook brightens, Sakakibara told Reuters on Friday.  ( 31 min )

Bitcoin traded flat on Monday morning in Asia to stay just above US$29,000 as the token’s volatility rating hit a record low. The NFT market recorded losses while, in the U.S., equities traders await more earnings reports.  ( 31 min )

(Reuters) -Gold prices were off three-week lows on Monday after slowing U.S. job growth knocked the dollar and bond yields from their recent highs, while investors braced for this week's inflation test that could influence the Federal Reserve's policy path. The U.S. dollar index fell and benchmark 10-year Treasury yields slid from November highs after the Labor Department's employment report on Friday showed the economy added fewer jobs than expected in July. Markets also took stock of the labor department data showing solid wage gains and a decline in the unemployment rate that suggests continued tightness in labor market conditions.  ( 31 min )

(Bloomberg) -- Most Asian shares fell Monday after a mixed US jobs report and a reversal of gains on Wall Street that saw the S&P 500 lose a near 1% gain.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDan Loeb Surrendered But Meme Army Still Hits Bears for MillionsDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine’s Black Sea Drone Attacks Signal a Rapidly Expanding WarBenchma  ( 32 min )

The dollar was on the back foot on Monday after a mixed U.S. jobs report provided little directional conviction and as market focus turned to inflation data from the world's two largest economies due this week. While the dollar fell to a one-week low against a basket of currencies in the aftermath of the data, its losses were capped as the report pointed to a still-tight labour market, suggesting the Federal Reserve may need to keep rates higher for longer. "There was a narrative in there for everyone, depending on your bias," said Pepperstone's Head of Research Chris Weston of the jobs report.  ( 31 min )

(Bloomberg Markets) -- Money managers are navigating an historic shift: India’s ­population, at 1.43 billion, edged past China’s this year.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDan Loeb Surrendered But Meme Army Still Hits Bears for MillionsDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine’s Black Sea Drone Attacks Signal a Rapidly Expanding WarNow the world’s most p  ( 33 min )

(Bloomberg) -- A clear majority of investors expect a US recession before 2024 is out, leading them to view the current bull market in stocks as ephemeral and to favor long-term US Treasuries.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDan Loeb Surrendered But Meme Army Still Hits Bears for MillionsDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine’s Black Sea Drone Attacks  ( 33 min )

Lawmakers said they were concerned over the $20 billion Adobe-Figma merger's effect on the market for the supply of interactive product design and digital asset creation tools.  ( 1 min )

Sage Therapeutic shares fell to an all-time low after the FDA rejected use of its treatment for major depressive disorder.  ( 1 min )

With $1.3 billion in debt and facing a standoff against labour union Teamsters, trucking company Yellow filed for bankruptcy.  ( 1 min )

Tesla's chief financial officer (CFO) Zach Kirkhorn had helped transform the automaker into a financial powerhouse since 2019. He has stepped down from his position effective Aug. 4.  ( 1 min )

Campbell Soup Company (CPB) has acquired Sovos Brands, Inc. (SOVO)—the parent company of brands such as Rao's pasta sauces, Noosa Yoghurt and Italian frozen food Michael Angelo's—for $2.7 billion  ( 1 min )

The S&P 500 snapped a four-day losing streak on Monday, Aug. 7, 2023, rising 0.9% after the latest round of earnings reports.  ( 1 min )

U.S. equities were mixed at midday on Monday, Aug. 7, 2023, after the latest earnings reports and ahead of key inflation data due later in the week.  ( 1 min )

Shares of Yellow dive after the trucking company filed for bankruptcy and Berkshire Hathaway reports a 6% increase in earnings after it boosted its investment income. Here’s what investors need to know today.  ( 1 min )

Already at a 16-year high, the top savings account rate has climbed again, to 5.25% APY offered by two banks. Another dozen offer yields above 5.00% APY.  ( 19 min )

Today's top three nationwide CD rates are 5.75% APY from Andrews Federal Credit Union, 5.60% APY from Northern Bank Direct, and 5.55% APY from Sallie Mae Bank.  ( 18 min )

According to Investopedia’s latest sentiment survey of our newsletter readers, more investors are expecting higher returns for the U.S. stock market over the next six months, and fewer are expecting losses. Fewer investors are making “safer” choices with their investments and leaning more into stocks.  ( 17 min )

A guide to the third round of PPP funding under the Consolidated Appropriations Act, 2021, and how it differed from the first two rounds.  ( 30 min )

A housing unit is a single residential unit in a larger structure that is occupied or intended as a separate living quarter.  ( 18 min )

The S&P 500 snapped a four-day losing streak on Monday, Aug. 7, 2023, rising 0.9% after the latest round of earnings reports.  ( 17 min )

Robo-advisors come in all shapes and sizes. Learn some of the pros and cons of automated financial advisory services.  ( 26 min )

In real estate, a party wall is a shared wall that separates housing or business units, such as apartments or office spaces. Party wall agreements govern how the wall is shared.  ( 21 min )

Following last week’s downward turn, the Dow Jones Industrial Average bounced back, rising 407 points, or 1.2%, as investors readied for new inflation data to close out the week.  ( 17 min )

For the first time in more than two years, credit card debt is falling, as banks make it more difficult for consumers to put purchases on plastic.  ( 17 min )

CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 20 min )

If you’re a homebuyer who’s been waiting for prices to come down, you may be waiting for a long time yet, as home prices hit an all-time high in June and could continue climbing in coming months.  ( 17 min )

A robo-advisor provides low-cost investment services over the internet. Is using a robo-advisor a good idea? We answer that here.  ( 26 min )

Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )

Lawmakers said they were concerned over the $20 billion Adobe-Figma merger's effect on the market for the supply of interactive product design and digital asset creation tools.  ( 16 min )

First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.  ( 20 min )

Sage Therapeutic shares fell to an all-time low after the FDA rejected use of its treatment for major depressive disorder.  ( 18 min )

Viatris shares advanced after the drugmaker posted better-than-expected results, said it will announce one or more divestitures this quarter, and indicated the FDA agreed to consider approval of its new multiple sclerosis treatment produced with Israel’s Mapi Pharma.  ( 17 min )

From economics to statistical analysis, certain bachelor's degrees make graduates more qualified for landing highly sought hedge fund jobs.  ( 23 min )

Despite data pointing to an economy approaching a soft landing, inflation rates are still above the Federal Reserve's target of 2%.  ( 18 min )

Personal loan rates fell sharply this week to 20.65%, dropping 21 basis points since last week when the average personal loan rate sat at 20.86%.  ( 18 min )

Despite their technological sophistication, there are limitations to what robo-advisors can do.  ( 22 min )

While many COVID relief measures have expired, some remain in place.  ( 41 min )

CDs can be helpful for consumers looking to put their money to work. We reviewed TIAA Bank’s CD rates so you can see if TIAA makes sense for your finances.  ( 20 min )

Digital payments company PayPal (PYPL) just launched a U.S. dollar-pegged stablecoin called PayPal USD, becoming the latest firm to offer customers a stablecoin payment option.  ( 18 min )

Following these five tips will help keep your resume out of the recycling bin when applying for a finance job out of college.  ( 29 min )

The Stephen M. Ross School of Business is the business school at the University of Michigan, located in Ann Arbor, MI.  ( 20 min )

U.S. equities were higher at midday on Monday, Aug. 7, 2023, after the latest earnings reports and ahead of key inflation data due later in the week.  ( 17 min )

Before you make the leap into post-secondary, remember these important factors and handle them accordingly.  ( 23 min )

USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 20 min )

If a stock's market value is well above its intrinsic value, it may be a red flag or it may not. Here's how to read into the numbers.  ( 18 min )

The Chain Ladder Method (CLM) calculates the claims reserve requirement in an insurance company’s financial statement. This actuarial method is one of the most popular reserve methods.  ( 18 min )

Membership in college or university honor societies is commonly offered through invitational only and provides various benefits to members.  ( 20 min )

American Depositary Receipts of BioNTech sank as COVID-19 vaccine demand waned and sales of its vaccine plunged.  ( 17 min )

If you receive student loan forgiveness, your debt history is not removed from your credit report.  ( 24 min )

Shares of Tyson Foods tumbled as the giant meat provider posted worst-than-expected results and announced it was closing more production plants to cut costs as sales slipped.  ( 17 min )

With more financial firms offering automated investing, you have an increasing number of choces if you want or need help managing your assets.  ( 26 min )

Grants and scholarships are available from a variety of sources and can cover many, if not all, of your college costs.  ( 26 min )

Current high school students are thinking more strategically about their college education than their predecessors, according to a survey from Fidelity Investments, but do they know enough to make the right decisions?  ( 18 min )

Robo-advisor tax-loss harvesting is the automated selling of securities in a portfolio to deliberately incur losses to offset any capital gains or taxable income.  ( 26 min )

Tesla's chief financial officer (CFO) Zach Kirkhorn had helped transform the automaker into a financial powerhouse since 2019. He has stepped down from his position effective Aug. 4.  ( 17 min )

Campbell Soup Company (CPB) has acquired Sovos Brands, Inc. (SOVO)—the parent company of brands such as Rao's pasta sauces, Noosa Yoghurt and Italian frozen food Michael Angelo's—for $2.7 billion  ( 17 min )

With $1.3 billion in debt and facing a standoff against labour union Teamsters, trucking company Yellow filed for bankruptcy.  ( 17 min )

As if figuring out what to take in school isn't hard enough, you also have to find a way to pay for it.  ( 22 min )

Harvard University may have one of the country’s highest tuition rates, but many students pay far less thanks to a strong financial aid program.  ( 24 min )

Members of the LGBTQ+ community have had a harder time getting home mortgages, although that may be starting to change.  ( 26 min )

Mortgage rates showed a notable drop across almost every loan type, with the 30-year average reversing course after rising last week to its highest point in almost four weeks.  ( 20 min )

LGBTQ+ students may face unique challenges when paying for college, and many end up with excessive student loan debt after graduation.  ( 26 min )

Lindsey Bell, Chief Strategist at 248 Ventures, climbs back aboard The Express to take investors' temperatures following the Fitch credit rating downgrade. What's the message behind the drop from AAA to AA+, and why a potential government shutdown may make matters worse.  ( 19 min )

STEM degrees represent a lot of the top-paying programs, but even a liberal arts education can be a valuable stepping-stone to lucrative careers.  ( 26 min )

Members of the LGBTQ+ community face unique financial challenges related to marriage and family planning, debt, insurance, retirement, and more. Learn more about these issues.  ( 28 min )

Shares of Yellow dive after the trucking company filed for bankruptcy and Berkshire Hathaway reports a 6% increase in earnings after it boosted its investment income. Here’s what investors need to know today.  ( 18 min )

Surging U.S. corporate bankruptcies surpass the total for all of 2022 as filings reach pace on par with pandemic, global financial crisis years.  ( 18 min )

Default risk is the risk lenders take that companies or individuals will be unable to make the required payments on their debt obligations. Learn how its measured.  ( 23 min )

A sovereign bond is a debt security issued by a national government to borrow funds.  ( 21 min )

Investment grade refers to the quality of a company's credit rating, which is based upon the financial strength, future prospects, and past history.  ( 22 min )

Accelerated underwriting is a way to get life insurance without a medical exam. Here are the pros and cons of using this system.  ( 22 min )

A credit default swap (CDS) is a particular type of swap designed to transfer the credit exposure of fixed income products to another party.  ( 25 min )

A bond rating is a grade given to bonds that indicates their credit quality. Learn how credit rating agencies assign bond ratings.  ( 23 min )

Loss cost is the amount of money an insurer must pay to cover claims and the costs to administer and investigate such claims.  ( 18 min )

Typically comprised of liquid assets, loss reserves are an asset that allows an insurer to cover claims made against policies it underwrites.  ( 19 min )

Consumer advocate and insurance expert Doug Heller shares the ins and outs of auto insurance to help consumers make informed choices and protect themselves.  ( 29 min )

Riders are extra benefits that a policyholder can buy to add on to a life insurance policy and provide added protection if you meet their conditions.  ( 24 min )

International bonds are usually securities issued in one country but bought by an investor residing in another country and using its local currency.  ( 20 min )

Net amount at risk is the monetary difference between the death benefit paid by a permanent life insurance policy and the accrued cash value.  ( 19 min )

A policyholder’s personal liability insurance pays for covered losses and damages sustained by third parties, along with related legal costs. Learn how it works.  ( 21 min )

Er drijft minder 'plasticsoep' in de oceanen dan gedacht. Lang geen 50 tot 300 miljoen ton, maar toch nog 3,2 miljoen ton. Een NU.nl-lezer vroeg zich af: heeft dat plastic invloed op de steeds warmer wordende oceaan? Dit zegt onze klimaatverslaggever Rolf Schuttenhelm.  ( 3 min )

Buurtwinkels worden in hun voortbestaan bedreigd, meldde NU.nl zondag. Veel NUjij'ers hopen dat ze blijven bestaan, maar gaan zelf meestal naar een grote supermarktketen. Waarom willen ze het één, maar doen ze het ander? Een greep uit de reacties.  ( 5 min )

De websites van Maastricht Aachen Airport en de vereniging van openbaarvervoerbedrijven zijn maandag moeilijk bereikbaar door een cyberaanval. Een Russische hackersgroep zegt verantwoordelijk te zijn voor de aanval.  ( 3 min )

Buurtwinkels worden in hun voortbestaan bedreigd, meldde NU.nl zondag. Veel NUjij'ers hopen dat ze blijven bestaan, maar gaan zelf meestal naar een grote supermarktketen. Waarom willen ze het één, maar doen ze het ander? Een greep uit de reacties.  ( 5 min )

Buurtwinkels worden in hun voortbestaan bedreigd, meldde NU.nl zondag. Veel NUjij'ers hopen dat ze blijven bestaan, maar gaan zelf meestal naar een grote supermarktketen. Waarom willen ze het één, maar doen ze het ander? Een greep uit de reacties.  ( 5 min )

Het Saoedische staatsolieconcern Saudi Aramco heeft in het tweede kwartaal fors minder winst geboekt vanwege de lagere olieprijzen. Het bedrijf heeft verder te maken met een lagere productie.  ( 3 min )

Het Afvalfonds Verpakkingen is 'niet echt tevreden' over het inleveren van plastic flessen met statiegeld. De organisatie pleit in zijn jaarverslag over 2022 voor meer innamepunten.  ( 4 min )

Nationale-Nederlanden heeft tienduizenden klanten verkeerd en te laat geïnformeerd over hun pensioen. Daarom heeft toezichthouder AFM de verzekeringsmaatschappij een boete opgelegd van 425.000 euro.  ( 3 min )

PostNL heeft de afgelopen maanden meer pakketten verwerkt dan verwacht. Daarom is het postbedrijf positiever over de winst voor dit jaar.  ( 3 min )

Nederland heeft dit jaar tot dusver ruim vijfduizend toeristenvisa toegekend aan reizigers uit China. Nu ook daar de coronalockdowns eindelijk voorbij zijn, gaan Chinese toeristen mondjesmaat weer naar Europa op vakantie.  ( 4 min )

Adjusted earnings provide a measurement of how current performance compares with performance in previous years.  ( 20 min )

Fuqua School of Business is a graduate business school at Duke University in Durham, North Carolina. It routinely ranks in the top 15 business schools.  ( 21 min )

Buying a car may be preferable to leasing one. Learn how to buy a car and what’s involved in the process.  ( 24 min )

Is the bond you are thinking of buying investment grade or junk? Find out how bonds are rated, who rates them, and how to read the grades.  ( 26 min )

Most all-perils homeowners insurance policies cover roof replacement if the damage is the result of an act of nature, but not if it's from wear and tear. Learn more.  ( 25 min )

Your company will benefit directly from the new skills and knowledge you acquire. Here's how to make your case for tuition reimbursement.  ( 25 min )

UNC Kenan-Flagler Business School is the University of North Carolina's business school, internationally renowned and recognized for its curriculum.  ( 22 min )

Magna cum laude is an honorific for a degree earned with great distinction. It means “with great praise” in Latin, and there’s no set grade point average (GPA) to get it.  ( 25 min )

Detailed description of how much an individual should consider paying for a car.  ( 21 min )

Investment banking focuses on raising capital while corporate finance deals with day-to-day financial operations.  ( 23 min )

Students with Perkins loans may be eligible for deferment, cancellation, discharge, or one of four income-driven repayment plans.  ( 26 min )

An occurrence policy covers claims made for injuries sustained during the life of an insurance policy, even if they're filed after the policy is canceled.  ( 19 min )

A civil authority clause is an insurance provision that outlines whether or not lost income will be reimbursed when a government entity denies access to covered property.  ( 19 min )

Reinsurance sidecars are financial entities that solicit private investment to underwrite a limited book of insurance policies for a limited period.  ( 19 min )

Here is how much each U.S. president contributed to the U.S. national debt, both by percentage and in dollar amounts.  ( 27 min )

Investors shouldn't try to 'time the market,' as poorly scheduled purchases and sales cost investors a fifth of their potential fund returns in the past decade.  ( 18 min )

"Barbie" isn't just one of 2023's biggest box office hits, it could also have a lasting financial impact on companies spanning fashion, entertainment, and home decor.  ( 19 min )

Learn more about the Kellogg School of Management, the business school at Northwestern University.  ( 21 min )

The Federal Direct Loan Program is a government program that provides low-interest loans with fixed interest rates to students. Learn how these loans work.  ( 25 min )

Health insurance is a type of contract in which a company agrees to pay some of a consumer's medical expenses in return for payment of a monthly premium.  ( 27 min )

Discover ways to save on your medical bills, trim your prescription costs, reduce billing errors, negotiate with your doctor’s office, and more.  ( 24 min )

Whether dealing with COVID-19 or trying to grow your business, a Small Business Administration loan can help. Learn the details and how to apply here.  ( 36 min )

Often buyers choose to trade-in their vehicle rather than selling it privately and separately. Find out why you should always put a down-payment and never trade-in for convenience.  ( 20 min )

Discover why shareholder rights plans are known as poison pills, and understand their benefits and drawbacks.  ( 19 min )

The key economic, investing, and business terms that dominated the 2020 presidential election.  ( 32 min )

Copays and coinsurance are two types of out-of-pocket costs, but they vary depending on the health insurance plan you choose.  ( 25 min )

Cecilia Rouse is the chairperson of the Council of Economic Advisers.  ( 24 min )

From instant closings to digitally-enabled design customization, owning a home will be very different in the next 20 years.  ( 24 min )

Government loans are either funded directly by the government or made by private lenders and backed by the government. Find out how government loans work.  ( 28 min )

An assignor is a person or entity who transfers rights or benefits to another party, the assignee. Read about the rights of the assignor vs assignee.  ( 23 min )

Firms will need to build more revenue, demonstrate profitability, and outgrow the value that venture capital is already bringing, experts say.  ( 20 min )

Certificates of deposit (CDs) can be invested for short-term and long-term gain, using strategies that boost the growth potential of these safer instruments.  ( 25 min )

A sandwich lease occurs when a lessee on a property leases to a third party, often as an investment strategy.  ( 21 min )

Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 28 min )

Credit quality is a measure of the financial solvency of a person, a company, or a government. Credit scores and credit ratings are measures of credit quality.  ( 22 min )

Continuing claims refers to the number of people who have already filed an initial claim and are still filing for unemployment benefits.  ( 22 min )

A homeowners insurance declaration page is a summary of the key facts about your policy. Here’s how to read yours and what it means.  ( 22 min )

Rent expense is the cost incurred by a business to utilize a property as an office, factory, storage, retail space, or general use space.  ( 23 min )

China's promised "basket of measures" to defuse local government debt risks is likely to include special bond issuance, debt swaps, loan rollovers, and something Beijing really loathes: dipping into the central budget. Local governments are fundamental to China's economy, with Beijing tasking provincial and city officials with meeting ambitious growth targets. Chinese leaders last month pledged, without detailing, to help ease their debts, signalling worries over a potential chain of municipal debt defaults destabilising the financial sector.  ( 32 min )

This year started with a red-hot stock market, there is no question of that. Since the start of 2023, even accounting for losses last week, the S&P 500 shows a year-to-date gain of 17%, and the NASDAQ is up 33%. Currently, the gains are narrow, mainly relying on a handful of deep-pocketed, big-name tech firms, but there’s a likelihood that investor money will start spreading more widely. If the bull market does widen out, it will raise the question of which stocks to buy. This is where Goldman S  ( 34 min )

Authentic Restaurant Brands is expected to buy Fiesta Restaurant Group for $225 million.  ( 25 min )

Falling inventories and tighter supply have lifted oil prices in recent days, but how long will the rally last?  ( 32 min )

The Bureau of Labor Statistics will release the consumer price index for July on Thursday, and the producer price index for July on Friday.  ( 27 min )

A clutch of top-tier Chinese economic data, second-quarter growth figures from Indonesia and the Philippines, and an Indian interest rate decision are the main events in Asia this week, with markets highly sensitive to rising global bond yields. The Nasdaq, S&P 500 and MSCI World index last week all registered their biggest weekly losses since March, and the MSCI Asia ex-Japan index's 2.3% fall was its biggest in six weeks. Driving the deterioration in risk appetite is the surge in global bond yields, especially U.S. market-based borrowing costs as the long end of the Treasury curve came under intense selling pressure.  ( 31 min )

Strategists have been rushing to catch up with the market, but stocks had other things in mind.  ( 26 min )

Berkshire's growing hoard of cash, nearing a record level, is an ongoing “problem” for Buffett—albeit a nice one to have.  ( 32 min )

Investors shouldn't try to 'time the market,' as poorly scheduled purchases and sales cost investors a fifth of their potential fund returns in the past decade.  ( 19 min )

Earnings season rolls along this week, with reports also due from Paramount, Eli Lilly, Wynn Resorts, and many more. And look out for crucial inflation indicators in economic data to be released at week's end.  ( 27 min )

FRANKFURT (Reuters) -Daimler Truck's Chief Financial Officer Jochen Goetz has died in a "tragic accident," the company said on Sunday. Goetz, 52, died on Saturday, a statement said, without giving details of the accident. Goetz spent his entire professional career, spanning more than 36 years, in the Daimler Group, and was largely responsible for the successful spin-off of Daimler Truck Holding from what is now the Mercedes-Benz Group in December 2021.  ( 31 min )

The tech IPO drought is likely over, but don't expect a flood either.  ( 33 min )

Many have no idea how much they should save or how to invest whatever money they sock away.  ( 35 min )

The week ahead will feature a crucial inflation report and earnings out of Disney, UPS, and Alibaba as second quarter earnings season winds down.  ( 35 min )

(Bloomberg) -- Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its investments in SoftBank Vision Fund plunged and other tech ventures were hit by a market downturn.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayDan Loeb Surrendered but Meme Army Still Hits Bears for Million  ( 32 min )

Two key reports on inflation, the CPI and PPI, are due this week as are a host of quarterly earnings, including Disney, Tyson Foods, Beyond Meat, Rivian and UPS.  ( 32 min )

The design of 401(k)s and other retirement savings plans too often lead employees to make financially harmful mistakes. It doesn’t have to be that way.  ( 26 min )

Paramount Global is set to report second quarter earnings after the bell on Monday. Here's what to expect.  ( 33 min )

People are pouring money into assets that they see as a safer bet than the Turkish lira, which has declined by more than 80% in the past five years.  ( 23 min )

(Bloomberg) -- Poland has stopped shipping oil through part of the western section of the Druzhba pipeline that sends crude to Germany after a leak was detected late Saturday, according to Polish pipeline operator PERN.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamMallorca’s Prime Housing Market Gets Boost From American BuyersNetany  ( 30 min )

(Bloomberg) -- Dan Loeb is hardly the first Wall Street titan to lament how meme stock traders have made short selling a perilous endeavor. But that Loeb, who runs the hedge fund Third Point LLC, did so now is what’s interesting.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamMallorca’s Prime Housing Market Gets Boost From American Bu  ( 33 min )

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Charif Souki pioneered the American LNG boom but now warns of homelessness in battle with UBS  ( 6 min )

Yellow's apparently impending bankruptcy filing could further disrupt two #OverlandPark office properties — where the trucker leases more than 400,000 square feet — already under scrutiny from loan servicers.  ( 13 min )

Energy companies scramble to attract engineers as young workers fret over climate and job security.  ( 22 min )

The JPMorgan Equity Premium Income ETF’s (NYSEARCA:JEPI) combination of high yield and monthly payments has quickly made it one of the market’s most popular ETFs. Investors who like JEPI’s style now have another high-yield competitor to consider — the NEOS S&P 500 High Income ETF (BATS:SPYI), which also pays on a monthly basis and yields 10.7%. Let’s take a closer look at this intriguing new option for high-yield investors. What is SPYI ETF’s Strategy? Launched in August of 2022, SPYI is still a  ( 34 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

AustralianSuper, one of the world’s largest pensions, halved its Apple stock investment and sold Microsoft stock, while buying shares of Tesla and Nvidia.  ( 26 min )

As a pandemic-inspired boom ends, entrepreneurs and giant corporations alike are counting on customers to keep accumulating more stuff than they can squeeze into their homes.  ( 23 min )

During its second quarter earnings call, Main Street Capital Corp. announced it has made substantial progress on closing its second private loan investment fund.  ( 10 min )

With the company’s pandemic lift from the Covid-19 vaccine and drug sales over, Pfizer CEO Albert Bourla is betting on new drug approvals and deals.  ( 23 min )

A look at how companies and sectors performed in the second quarter of 2023.  ( 21 min )

Inflation and resentment are stoking heightened labor activism, with FedEx pilots rejecting a union-brokered deal.  ( 26 min )

‘Bear steepening’ trade drives 10-year Treasury yield close to a decade-plus high.  ( 26 min )

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(Bloomberg) -- A closely watched measure of US inflation will probably illustrate more of the moderate price growth that the Federal Reserve wants to see sustained.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamMallorca’s Prime Housing Market Gets Boost From American BuyersBerkshire Operating Earnings Jump on Insurance StrengthThe co  ( 35 min )

The presenters of Top Gear pulled no punches as they ridiculed Chinese cars on a visit to the country just over a decade ago.  ( 40 min )

(Bloomberg) -- Federal Reserve Governor Michelle Bowman said the US central bank may need to raise rates further in order to fully restore price stability.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamBerkshire Operating Earnings Jump on Insurance StrengthMallorca’s Prime Housing Market Gets Boost From American Buyers“Additional rat  ( 31 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

"If you were unfairly treated by your employer due to posting or liking something on this platform, we will fund your legal bill," Musk said in a post on X late on Saturday, adding that there will be no limits to funding the bills. "And we won't just sue, it will be extremely loud and we will go after the boards of directors of the companies too," Musk said later in response to a post about nothing changing behavior in the U.S. faster than a threat of legal action. Late last month, Musk said that monthly users of X reached a "new high" and shared a graph that showed the latest count as over 540 million.  ( 30 min )

The AI hype is real, and based on their latest earnings reports, all of the multibillion-dollar behemoths of tech sector are going all in.  ( 32 min )

(Bloomberg) -- Japan is leaving China behind as Asia’s two largest stock markets compete for investor capital, with the latter’s prospects clouded by long-running concerns about economic growth and geopolitical tensions with the West.Most Read from BloombergChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveBerkshire Operating Earnings Jump on Insurance StrengthProsecutors Alert Judge to Trump’s ‘Coming After You!’ PostThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal Team  ( 33 min )

Investors shouldn't try to 'time the market,' as poorly scheduled purchases and sales cost investors a fifth of their potential fund returns in the past decade.  ( 1 min )

"Barbie" isn't just one of 2023's biggest box office hits, it could also have a lasting financial impact on companies spanning fashion, entertainment, and home decor.  ( 1 min )

Elon Musk is bezig het merk Twitter uit te wissen. Hij vervangt het beetje bij beetje in X, een app waarmee alles kan: van berichten sturen tot geld overmaken. Dat doet denken aan het Chinese WeChat. Wat kunnen we verwachten?  ( 5 min )

Duitsland moet het aantal openbare oplaadpunten voor elektrische auto's drastisch verhogen om de verkoop van stekkerwagens bij te benen. Die oproep deed de Duitse vereniging voor de auto-industrie dit weekend.  ( 4 min )

Buurtwinkels in ons land staan zwaar onder druk en verdwijnen steeds vaker uit het straatbeeld. Vooral kleine ondernemers in dorpen en kleine gemeenten moeten noodgedwongen hun deuren sluiten. In de afgelopen vier jaar ging het om honderden winkels.  ( 5 min )

Reizen met de trein wordt steeds populairder, vooral onder mensen die klimaatvriendelijk op vakantie willen. Waar moet je op letten als je zo'n treinreis gaat boeken?  ( 4 min )

Buurtwinkels in ons land staan zwaar onder druk en verdwijnen steeds vaker uit het straatbeeld. Vooral kleine ondernemers in dorpen en kleine gemeenten moeten noodgedwongen hun deuren sluiten. In de afgelopen vier jaar ging het om honderden winkels.  ( 5 min )

The College Level Examination Program enables students to earn college credit for introductory-level courses through self-study and proctored or remote testing.  ( 20 min )

The Wharton School is the business school at the University of Pennsylvania. It is one of the most prestigious schools in the world.  ( 21 min )

Income-based repayment plans and forgiveness for public service employees can help you erase student debt.  ( 36 min )

In the business and finance industries, “B-School” is an abbreviated term for programs at colleges and universities specializing in business subjects.  ( 21 min )

Vandalism and malicious mischief insurance is a type of insurance coverage that protects against losses sustained as a result of vandals.  ( 21 min )

Is work experience or education more important for getting a good job? It depends on the field, but more education generally means more income.  ( 25 min )

Homeowners insurance provides peace of mind if disaster strikes, but the average cost is about $1,200 a year. Find out how to save money on your homeowners insurance.  ( 23 min )

CD beneficiaries inherit account balances when the account owner passes away. Learn what rules apply to CD beneficiaries.  ( 23 min )

Return on equity (ROE) vs. return on capital (ROC) are two distinctly different formulas, as one includes only combined profit while the other considers debt.  ( 20 min )

Short selling a stock means you are betting on the stock decreasing in price. Before taking on this investment, you should fully understand the risks.  ( 20 min )

A review of the most famous traders and infamous traders in history and how they affected the trading world, how they got their starts and what they're up to today.  ( 23 min )

Casualty insurance is a broad category of coverage against loss of property, damage or other liabilities. This includes workers' compensation.  ( 22 min )

Investing according to the rule of 72 is a good starting point for achieving your saving goals.  ( 19 min )

The graduate management admission test is an examination many business schools use to assess an applicant's aptitude in business reasoning and decision-making.  ( 22 min )

Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 25 min )

If you rent, you still need insurance for personal property and if anyone is injured at your place. It even covers losses when you travel.  ( 21 min )

Warren Buffett's Berkshire Hathaway reported net income of $35.91 billion for the second quarter, boosted by stock holdings such as Apple.  ( 17 min )

Discover what Warren Buffett's investment stance is toward gold and silver, why he likes one of them a lot and the other one not at all.  ( 18 min )

Defaults on student loans happen all the time and they can have substantial consequences on a borrower's financial future, but legislation pends to help out.  ( 23 min )

Commercial insurance, or business insurance, is coverage purchased by businesses to protect them from the costs of unexpected events during normal operations.  ( 21 min )

Parents want their kids to get a good education, but whether a private school is worth it depends on its cost, your child's aptitudes, and many other factors.  ( 22 min )

Some countries in Europe, such as Norway, Finland, and Germany, provide free or low-cost university education for all students.  ( 24 min )

Reality star Kylie Jenner just launched her own line of Bratz dolls. Jenner has a net worth of $680 million as of August 2023, thanks to her successful makeup brand, Kylie Cosmetics.  ( 19 min )

Certificates of deposit (CDs) vary in length, but there are some standard terms. Find out more about the most common maturities to choose for your savings goals.  ( 22 min )

Credit ratings are an important tool for borrowers, both individuals and corporations. Learn about the benefits to having a good credit rating and how to improve it.  ( 21 min )

Would you rather lend money to the United States, or New Zealand? Going by credit rating alone, that could be a tossup, after Fitch Ratings downgraded its assessment of the U.S. on Tuesday.  ( 19 min )

Learn the basic lingo of bonds to unveil familiar market dynamics and open to the door to becoming a competent bond investor.  ( 28 min )

In a first-loss policy, the insured agrees to take less than full value for damaged property in return for not being penalized for under-insuring the property.  ( 22 min )

Best's Capital Adequacy Relativity (BCAR) is a rating of an insurance company’s balance sheet strength. It examines an insurer’s leverage, underwriting activities, and financial performance.  ( 19 min )

Additional living expense insurance covers additional costs of living incurred by a policyholder who is temporarily displaced from their place of residence.  ( 23 min )

Though paid family and medical leave policies can provide needed financial support, each state determines how they work and what they actually entail.  ( 34 min )

The Iraqi dinar is a hot investment—but is it a wise one?  ( 23 min )

HUD homes have been acquired by the federal government after foreclosure on an FHA-insured mortgage. Learn more about the benefits and risks of buying one.  ( 31 min )

Avoid these common pitfalls if you're considering investing in rental property.  ( 23 min )

The chief operating officer (COO) is a senior executive tasked with overseeing the day-to-day administrative and operational functions of a business.  ( 28 min )

Renters insurance is property insurance that covers a policyholder’s belongings, liability, and possibly living expenses in case of a loss event.  ( 22 min )

Buffett's company sold a net $8 billion of stocks and only spent $1.4 billion on buybacks last quarter, meaning its cash pile swelled to $147 billion.  ( 31 min )

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(Bloomberg) -- Bond traders who just navigated their rockiest stretch in months will get little respite in the days ahead, which bring the biggest Treasury refunding slate since last year and a pivotal inflation reading.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamBerkshire Operating Earnings Jump on Insurance StrengthMallorca’s Pr  ( 32 min )

(Bloomberg) -- During periods of turmoil, gold tends to make headlines as fans of the precious metal argue it can act as a safe haven. But is it also an inflation hedge? Is it considered a risk asset? Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamMallorca’s Prime Housing Market Gets Boost From American BuyersBerkshire Operating Earn  ( 34 min )

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With federal student loan payments resuming in October, many borrowers are wondering how they will be able to keep up.  ( 35 min )

Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 25 min )

Warren Buffett's Berkshire Hathaway reported net income of $35.91 billion for the second quarter, boosted by stock holdings such as Apple.  ( 18 min )

Bowman said she supported the Fed's quarter-point increase in interest rates last month, given still-high inflation, strong consumer spending, a rebound in the housing market and a labor market that is helping to feed higher prices. "I also expect that additional rate increases will likely be needed to get inflation on a path down to the FOMC’s 2 percent target," she said in remarks prepared for delivery to the Kansas Bankers Association, referring to the Fed's rate-setting panel, the Federal Open Market Committee.  ( 30 min )

(Bloomberg) -- Saudi Arabia raised nearly all oil prices for September to Asia and Europe as supply restrictions and rising demand tightens the crude market.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamBerkshire Operating Earnings Jump on Insurance StrengthMallorca’s Prime Housing Market Gets Boost From American BuyersState-owned S  ( 31 min )

Many other public companies release their earnings results during the trading week.  ( 26 min )

Wall Street seems to be recognizing that Apple, America's most valuable enterprise, is dangerously overpriced.  ( 33 min )

For many students, managing finances is new, and they’re prone to make all sorts of mistakes.  ( 26 min )

Canada plans to impose a digital-services tax at the start of 2024, even as other countries agree to delay global tech tax accord until 2025.  ( 26 min )

Newer industry players are cutting jobs, trimming spending and reining in plans.  ( 26 min )

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Seasonal trends point to a weak August for stocks.  ( 32 min )

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(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. posted $10.04 billion in second-quarter operating profit as strength in its insurance businesses helped counter inflationary pressures that have weighed on the sprawling conglomerate in the last year. Most Read from BloombergChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveS&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenSouth Africa Spurns US Pressu  ( 31 min )

Berkshire Hathaway on Saturday posted its highest-ever quarterly operating profit, bolstered by improved results in its insurance businesses, while gains from stock holdings helped the conglomerate led by billionaire Warren Buffett swing to a nearly $36 billion overall profit. Operating profit rose 7% to $10.04 billion, or about $6,938 per Class A share, from $9.42 billion a year earlier. Net income totaled $35.91 billion, or $24,775 per Class A share, compared with a year-earlier $43.62 billion loss.  ( 29 min )

Fitch Ratings’ decision to strip the U.S. of its AAA credit rating was triggered by outsize U.S. borrowing. A dose of “financial repression” might be the cure.  ( 27 min )

Quarterly earnings rose for Warren Buffett’s holding company and most of its underlying businesses.  ( 25 min )

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Toyota, the world's top-selling automaker, nearly doubled its operating profit from a year earlier as better pricing, productivity gains, and supply-chain improvements boosted sales.  ( 19 min )

Investors are pushing Tupperware, Yellow and Rite Aid higher  ( 27 min )

One in 6 asset and wealth management companies will be bought or shut down in the next five years, according to a PwC survey of asset managers and institutional investors.  ( 32 min )

Would you rather lend money to the United States, or New Zealand? Going by credit rating alone, that could be a tossup, after Fitch Ratings downgraded its assessment of the U.S. on Tuesday.  ( 19 min )

India said on Friday it would defer the imposition of a licensing requirement for imports of laptops, tablets and personal computers by three months - partially reversing the surprise decision it announced a day earlier. While India has not said the new requirement is aimed at China, more than half of its roughly $10 billion in annual imports of personal computers and tablets are Chinese-made. Several Indian government officials, who asked not to be named, said the licensing measure aimed to address a trade imbalance with China.  ( 31 min )

Mark Spitznagel and Nassim Taleb have been watching for black swans for decades. "We’ve never seen anything like this level of total debt and leverage in the system," he tells Fortune. "It's an experiment."  ( 39 min )

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Bonds of Country Garden, China’s largest developer by contracted sales, have been in free fall.  ( 26 min )

The Iraqi dinar is a hot investment—but is it a wise one?  ( 23 min )

De bekende Amerikaanse belegger Warren Buffett heeft in het tweede kwartaal een forse winst in de boeken kunnen zetten bij zijn investeringsvehikel Berkshire Hathaway. Onder de streep hield het bedrijf zo'n 36 miljard dollar over.  ( 4 min )

Elon Musk is bezig het merk Twitter uit te wissen. Hij vervangt het beetje bij beetje in X, een app waarmee alles kan: van berichten sturen tot geld overmaken. Dat doet denken aan het Chinese WeChat. Wat kunnen we verwachten?  ( 5 min )

De klokkenluider die de Panama Papers in 2016 lekte aan de Süddeutsche Zeitung eist 14,5 miljoen euro van de Duitse politie. De Duitse politie zou namelijk een beloning van miljoenen euro's hebben bemiddeld voor de klokkenluider.  ( 3 min )

iPhone-producent Foxconn, een van 's werelds grootste elektronicafabrikanten, voorspelt dat de verkopen in de komende maanden zullen aantrekken na de dip in de eerste helft van dit jaar. Dat lijkt een gunstig teken voor Apple, waarvoor Foxconn veel apparatuur maakt.  ( 3 min )

Griekse staatsobligaties zijn weer interessant om in te investeren. Tot die slotsom is de Europese kredietbeoordelaar Scope Ratings gekomen. Het gaat om een teken dat Griekenland zijn overheidsfinanciën jaren na de eurocrisis eindelijk weer op orde lijkt te hebben.  ( 4 min )

NASA heeft weer contact gekregen met de Voyager 2, de ruimtesonde die zich op 19,9 miljard kilometer van de aarde bevindt. Het contact met de in 1977 gelanceerde Voyager 2 was even verdwenen door een foutje van de vluchtleiding.  ( 4 min )

Een grote Amerikaanse mededingingsrechtszaak tegen Google wordt dunner dan aanklagers voor ogen hadden. Een rechter heeft verschillende beschuldigingen geschrapt, omdat niet voldoende aangetoond is dat de zoekresultaten van Google schade toebrengen aan rivalen.  ( 4 min )

Wie de komende weken nog op vakantie wil moet niet kieskeurig zijn. Lastminutebestemmingen zijn door het slechte Nederlandse weer zo in trek, dat veel vluchten naar populaire bestemmingen en hotels vol zitten.  ( 4 min )

In de serie Koplopers bezoekt NU.nl deze zomer duurzame projecten die ons een kijkje in de toekomst van energie, voedsel en bouw geven. Deze week: het grote laadplein dat een uitstootvrije bouwplaats mogelijk maakt, zonder files op het stroomnet te creëren.  ( 4 min )

In de serie Koplopers bezoekt NU.nl deze zomer duurzame projecten die ons een kijkje in de toekomst van energie, voedsel en bouw geven. Deze week: het grote laadplein dat een uitstootvrije bouwplaats mogelijk maakt, zonder files op het stroomnet te creëren.  ( 4 min )

Wie deze zomer met de auto op vakantie gaat, doet er goed aan om in het buitenland te tanken. Maar in welk land ben je het goedkoopst uit?  ( 4 min )

Toyota, the world's top-selling automaker, nearly doubled its operating profit from a year earlier as better pricing, productivity gains, and supply-chain improvements boosted sales.  ( 1 min )

If the U.S. Supreme Court rules in favor of President Biden’s student loan forgiveness plan, the Department of Education will notify lenders which borrowers are eligible for up to $20,000 in debt relief.  ( 26 min )

Perform a thorough checkup to uncover a medical stock with a clean bill of health.  ( 24 min )

Today's top three nationwide CD rates are 5.75% APY from Andrews Federal Credit Union, 5.60% APY from Northern Bank Direct, and 5.55% APY from Sallie Mae Bank.  ( 18 min )

An automatic premium loan is an insurance policy provision that lets an insurer deduct an outstanding premium from the cash value of a policy.  ( 20 min )

The S&P 500 fell 0.5% on Friday, Aug. 4, 2023, after the Labor Department's latest jobs report showed the pace of hiring slowed.  ( 17 min )

Sovereign bond yield is the interest rate paid to the buyer of the bond by the government, or sovereign entity, issuing that debt instrument.  ( 21 min )

Education and training benefit not only the worker but also the employer and the country as a whole.  ( 31 min )

Which type of brokerage you choose depends on your needs and preferences. Find out the benefits of human, self-directed, and robo-advisors.  ( 29 min )

While robo-advisors can certainly be a good option, young investors shouldn't be completely opposed to hiring a financial advisor.  ( 26 min )

Find out which four degrees oil companies want to see on the resumes of new hires, and find out why the industry still pursues these graduates.  ( 20 min )

Regardless of whether a shareholder loses their stock certificate, that person still owns the shares.  ( 19 min )

The student loan forgiveness program is dead, given the Supreme Court ruling against it. You may have other options for relief, including some brand-new ones.  ( 26 min )

Shares of Icahn Enterprises tumbled after the investment firm cut its dividend in half in the wake of criticism from Hindenburg Research.  ( 18 min )

Only the biggest foreign investors may buy Saudi stocks directly. Non-billionaires can find exchange-traded funds that focus on Mideast investments.  ( 19 min )

The Pink market is an electronic over-the-counter market that connects brokers and dealers for trading in stocks. Learn the Pink market's risks and advantages.  ( 24 min )

An unemployment claim is a request an individual makes to a state government to receive temporary payments after having been laid off from a job.  ( 23 min )

U.S. equities were higher at midday on Friday, Aug. 4, 2023 on the back of strong earnings reports, while a cooler-than-expected July jobs report raised optimism the Fed could ease back on its campaign of rate hikes to cool inflation.  ( 16 min )

The Kelley Blue Book is the most popular used-car buying guide. Here’s a look at just how trustworthy it is – plus a comparison with the competition.  ( 22 min )

Despite their name, junk bonds can be profitable for informed investors, but their higher returns come with higher risks.  ( 24 min )

The Energy Department recently canceled a planned purchase of 6 million barrels of crude oil for the nation's Strategic Petroleum Reserve (SPR) amid high oil prices.  ( 18 min )

Socially responsible and ESG investing are gaining traction, especially with younger investors who also may be attracted to the technologically-focused investment platforms that robo-advisors provide.  ( 25 min )

Mortgage rates jumped higher, with the 30-year average rising for a third day and 15-year rates reaching a four-week high. Meanwhile, the 30-year refi average dipped.  ( 20 min )

Find out why this type of funding is so controversial and where it has gone wrong in the past.  ( 23 min )

There is a structure of major companies in Japan, known as keiretsu, and it is steeped in tradition and relationships.  ( 22 min )

Toyota, GAC-Toyota, and Pony.ai will invest $140 million to manufacture a fleet of driverless taxis in China.  ( 16 min )

Understanding the factors behind Treasury yields and interest rates is crucial for an investor.  ( 27 min )

Halfway through a economically confusing and, at times, turbulent 2023, many investors are questioning how they should proceed with their investment strategy  ( 17 min )

The uninsured rate fell to 7.7% in the first quarter of 2023, down from 8.3% in the last quarter of 2022. However, a pandemic-era rule expiration means that 3.9 people may have lost Medicaid coverage since April, possibly driving the uninsured rate back up.  ( 18 min )

Even after the company’s rocky acquisition by Elon Musk, Twitter’s main streams of revenue are still advertising and data licensing.  ( 25 min )

Amazon shares jumped after the company reported stronger than expected earnings, with robust ad revenue helping to offset slower growth in cloud.  ( 17 min )

Apple reported better-than-expected services revenue in Q3 2023, helping boost net income even as falling iPhone sales led to a third straight quarter of net product revenue declines.  ( 19 min )

Job growth is projected to slow and Amazon shares are soaring after the ecommerce giant blew by analyst revenue expectations. Here’s what investors need to know today.  ( 19 min )

What you need to know to keep those baubles, bangles, and beads safe.  ( 20 min )

Competitive advantage refers to factors that allow a company to produce goods or services better or more cheaply than its rivals. Learn how it works.  ( 25 min )

Learn about the process, laws, and guidelines of real estate agents paying other agents for referrals, and how brokers and licenses are involved.  ( 21 min )

A book runner is the main underwriter or lead manager when an investment bank issues new equity, debt, or securities instruments. Learn what the role entails.  ( 21 min )

Private mortgage insurance (PMI) can be avoided by with a down payment of 20% or more or ended early by building up a 20% equity stake in a home.  ( 24 min )

Don’t look for lower inflation or interest-rate cuts anytime soon. Instead, higher bond yields probably are in the offing.  ( 26 min )

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Global hedge funds increased their bets that stocks will fall in a week when bonds yields rose after the United States' credit rating was downgraded, a Goldman Sachs report on Friday showed. Hedge funds added 4.6 short positions to each long position from July 7 to Aug. 3. Hedge funds were forced to partially unwind short bets in July to avoid further losses during a market rally triggered by better-than-expected corporate earnings.  ( 31 min )

Strategists have been rushing to catch up with the market, but stocks had other things in mind.  ( 26 min )

A warning about slowing sales sent Fortinet's stock spiraling lower Friday.  ( 11 min )

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Today's top three nationwide CD rates are 5.75% APY from Andrews Federal Credit Union, 5.60% APY from Northern Bank Direct, and 5.55% APY from Sallie Mae Bank.  ( 20 min )

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(Bloomberg) -- The biggest US lenders expect to pay almost $8.9 billion to help replenish the US government’s bedrock Deposit Insurance Fund after it was tapped to backstop uninsured depositors at Silicon Valley Bank and Signature Bank. Most Read from BloombergChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveS&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenSouth Africa Spurns US Pressure to Stop Using Chi  ( 32 min )

(Bloomberg) -- The US government is on the hook to investors for more than $25 trillion as it ramps up borrowing to plug a widening budget gap.Most Read from BloombergS&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveElon Musk Says Treasury Bills Are ‘No-Brainer’Fired-Up Traders Get Burned in ‘Everything Selloff’The combined total amount of Treasury bills, n  ( 30 min )

California has America's most expensive gas at around $5.00 a gallon. The cheapest is in Mississippi at $3.32 a gallon.  ( 31 min )

Analysts at Evercore downgraded the stock to the equivalent of Hold because of Intensifying competition and declines in operating margins.  ( 26 min )

A U.S. judge has rejected former Allianz fund manager Gregoire Tournant's bid to dismiss a criminal fraud case over his role in causing more than $7 billion of investor losses. In an order made public on Friday, U.S. District Judge Laura Taylor Swain in Manhattan federal court denied Tournant's motion to dismiss the five-count indictment, which also includes an obstruction charge. Tournant has pleaded not guilty.  ( 31 min )

Newer investors sometimes struggle to understand the difference between earnings per share (EPS), funds from operations (FFO) and revenue in the context of real estate investment trusts (REITs). Revenue represents the total amount of money that a company generates from sales, rents or other sources. Earnings per share refers to the company's profitability after deducting all expenses from its revenue. Higher revenue does not guarantee significant profitability if expenses are also high. Converse  ( 32 min )

(Bloomberg) -- When skepticism shifts to euphoria as quickly as it has in 2023’s stock and bond markets, the comeuppance is apt to be swift.Most Read from BloombergS&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveElon Musk Says Treasury Bills Are ‘No-Brainer’Credit Suisse Collapsed, And Switzerland Went Back to Making MoneyThat was the tale of the tape this  ( 32 min )

Stocks flipped into the red Friday to close out a rough first few days in August.  ( 32 min )

Apple's services business has set consecutive sales records, but Wall Street was more focused on sliding revenue from hardware.  ( 32 min )

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Asset sales in Q2 helped Nikola add cash to its balance sheet, but losses widened as ramp-up of fuel cell trucks consumed cash. The post Nikola’s cash position improves but losses widen in Q2 appeared first on FreightWaves.  ( 33 min )

Companies like Joby and Archer are about to begin production of electric vertical takeoff and landing aircraft. For investors, the upside could be in the billions. For city dwellers, the skies will never be the same.  ( 35 min )

The company's assets have attracted the interest of a potential financial bidder, the report said adding that the bankruptcy filing could turn into a liquidation. Yellow did not immediately respond to a Reuters request for comment. The cash-strapped U.S. trucking company had ceased operations and was planning to file for bankruptcy after failing to reorganize and refinance over a billion dollars in debt, the Teamsters Union said on Sunday.  ( 31 min )

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Shares of Icahn Enterprises tumbled after the investment firm cut its dividend in half in the wake of criticism from Hindenburg Research.  ( 18 min )

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For the first time in 72 years, Oregon motorists can grab a fuel nozzle and pump gas into their cars on their own, since a decades-old ban on self-serve gas stations has been revoked. Gov. Tina Kotek signed a bill on Friday allowing people across the state to choose between having an attendant pump gas or doing it themselves. “I’ve spent a lot of time in California,” Cooper said.  ( 35 min )

Fortinet isn't having a good day. And the information-technology giant is pulling other stocks down alongside its own. Shares in the cybersecurity company plunged some 25%, making it easily the worst-performing stock in the S&P 500, according to Dow Jones Market Data. The decline wiped out much of  ( 23 min )

Dubbed the Oracle of Omaha, Warren Buffett is renowned for his simple and frugal lifestyle. Despite being the sixth richest person globally, with a net worth estimated at $117.9 billion, Buffett continues to live in the same modest home in Omaha that he purchased in 1958 for just $31,500. Adjusted for inflation, that amount today would be approximately $328,990.80, a mere 0.000279% of his total net worth. Buffett has consistently ranked the purchase of his home as the third-best investment he ha  ( 31 min )

Denny's served up a fresh reading on how the consumer feels about inflation in its latest earnings report.  ( 32 min )

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It’s clear now that we saw the market bottom out last October. The S&P 500 is up about 1,000 points, or ~27%, from that trough. The question for investors now is, what happens next? Mike Wilson, the well-known strategist from Morgan Stanley, has a reputation as an uber-bear, but he’s pulling back from that in a recent note. “The data we have today suggests to us that we are in a policy-driven, late-cycle rally,” Wilson says. He goes on to note several supportive factors, including a reduced rate  ( 35 min )

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Apple achieved a major milestone, with 1 billion subscribers to its services business. But instead of taking a victory lap, Apple is watching its stock get pummeled.  ( 32 min )

Russia said on Friday that U.S. bank JPMorgan had this week stopped processing payments for the Russian Agricultural Bank as Moscow demanded action, not promises, from Washington to help Russian grain and fertilizer reach global markets. Under a related pact - also brokered in July 2022 - U.N. officials agreed to help facilitate Russian food and fertilizer exports. U.S. Secretary of State Antony Blinken told reporters on Thursday that Washington would continue to do "whatever is necessary" to ensure Russia can freely export food if the Black Sea grain deal was revived.  ( 32 min )

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Months into the fallout from a damning short-selling report, shares for corporate raider and activist investor Carl Icahn's conglomerate Icahn Enterprises plunged Friday after the firm halved its quarterly dividend. In sharing second-quarter financial results on Friday, Icahn Enterprises declared a distribution of $1 per depositary unit, representing a 12% annualized yield. Following the announcement, IEP stock fell about 30% Friday morning.  ( 31 min )

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Shares of Tupperware surged on Friday after the company announced a debt restructuring agreement. The stock was recently up about 40%. The jump accented a wild week of trading in shares of the distressed com  ( 22 min )

(Bloomberg) -- Carl Icahn’s fortune fell $2.7 billion Friday after the activist investor made corporate changes in tacit response to a short seller’s scathing report published three months ago.Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenElon Musk Says Treasury Bills Are ‘No-Brainer’Apple Faces Longest Sales Drop in Decades as iPhone SlumpsQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapStocks Rise, Bond Yields Fall After Mixed Jobs: Mark  ( 31 min )

Apple's services business has set consecutive sales records, but Wall Street was more focused on sliding revenue from hardware.  ( 32 min )

A multi-billion dollar company is closing its manufacturing facility in Durham and shifting operations to Georgia.  ( 9 min )

Tesla hasn't had a very good week. Investors could be looking at a bounce if a couple of things go right.  ( 27 min )

The Energy Department recently canceled a planned purchase of 6 million barrels of crude oil for the nation's Strategic Petroleum Reserve (SPR) amid high oil prices.  ( 19 min )

There's "obviously a mismatch" between Anheuser-Busch's market value and their employee numbers, Anson Frericks says while predicting more layoffs are coming.  ( 32 min )

Despite its strong start to the year, the drugmaker’s report on Tuesday should lift shares even further.  ( 26 min )

The departure of Western brands from Russia following Vladimir Putin’s invasion of Ukraine was supposed to change daily life in Moscow. Instead, it has triggered a proliferation of doppelgangers.  ( 34 min )

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Shares of electric-vehicle maker Nikola dropped in early trading Friday after the company said its chief executive would step down, to be replaced by its chairman. Nikola stock was recently off more than 9%. The compa  ( 22 min )

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Apple downgraded, Amazon upgraded: Wall Street's top analyst calls  ( 32 min )

The start-up named a new CEO, released earnings, and got investors to agree to a key shareholder proposal.  ( 26 min )

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Retiring at 50 is a lofty goal that gives you plenty of time to pursue all the projects you couldn't get to in your career and make memories with friends and family. However, leaving the workforce 12 years before you … Continue reading → The post Is $5 Million Enough to Retire on at 50? appeared first on SmartAsset Blog.  ( 35 min )

Retirees face sizable out-of-pocket costs for premiums, copays and uncovered services. One way to gauge this burden is to look at how much these medical costs eat into their Social Security benefits and other income. Here's a look at how … Continue reading → The post How Much Retirement Income You'll Have After Paying Medical Expenses appeared first on SmartAsset Blog.  ( 32 min )

Not many people would pass up the opportunity to retire early. In fact, there's an entire movement built around the idea of early retirement – Financial Independence, Retire Early (FIRE). Need help planning for retirement? Consider working with a fiduciary … Continue reading → The post Early Retirement Can Create a Financial Crisis appeared first on SmartAsset Blog.  ( 32 min )

Amazon stock jumped on Friday after the tech giant proved its cloud still had its silver lining in Q2.  ( 32 min )

I'm afraid of the stock market. With my first investment, I lost 60% of my money. So I'm strictly into bonds. With interest rates low, what's your advice? Should I stay or try something else? -Jerold It's reasonable to be … Continue reading → The post Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With? appeared first on SmartAsset Blog.  ( 33 min )

Apple reported quarterly earnings Thursday after the bell that showed a third straight quarter of revenue declines with iPhone sales missing forecasts.  ( 33 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

The U.S. economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued tightness in labor market conditions. There are broad indicators that the labor market is cooling.  ( 30 min )

The company posts a second-quarter loss of 72 cents a share, wider than the year-earlier loss of 41 cents.  ( 26 min )

Stocks looked to rebound Friday to close out a rough first few days in August.  ( 31 min )

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Icahn Enterprises is cutting its dividend in half and said it would wind down bets that the stock market would collapse, which have inflicted heavy losses.  ( 27 min )

Icahn Enterprises on Friday said it would cut its dividend payout months after short seller Hindenburg Research accused the investment firm of operating a "Ponzi-like" structure to pay dividends. The investment firm, owned by Carl Icahn, said it would distribute $1 per depositary unit to its investors, lower than its usual quarterly dividend of $2 per unit. Shares of Icahn Enterprises fell 24% in premarket trading.  ( 30 min )

(Bloomberg) -- Apple Inc., Samsung Electronics Co. and HP Inc. are among the biggest names freezing new imports of laptops and tablets to India after the South Asian country abruptly banned inbound shipments without a license.Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapElon Musk Says Treasury Bills Are ‘No-Brainer’Apple Surprises in China, Sets India High During Sales SlumpChina Official’s  ( 31 min )

After Apple's third consecutive quarter of declining revenue, some Wall Street analysts say its valuation is looking stretched.  ( 26 min )

Electric truck maker Nikola said on Friday that Michael Lohscheller will step down as chief executive officer and would be replaced by Stephen Girsky at the end of the month. Separately, Nikola reported a narrower second-quarter loss as lower production of its Tre battery-electric trucks in the April-June period helped keep costs in check. Lohscheller has decided to step down due to a family health matter and will be returning to Europe, the company said, adding that he would remain in an advisory capacity through the end of September.  ( 30 min )

EV start-up Fisker reported second-quarter sales of less than $1 million. Wall Street was looking for close to $50 million.  ( 26 min )

Chief Financial Officer Keith Jensen says an 'unusually large volume of deals' expected to close in June were pushed out to future quarters instead.  ( 26 min )

Congress could soon change how spouses access their retirement accounts. A pair of Democratic bills recently introduced in the House and Senate would require spouses to consent before either one can make any withdrawals from their 401(k) accounts. The bills, sponsored by Rep. Lauren Underwood, D-Illinois, and Sen. Tammy Baldwin, D-Wisconsin, seek to amend the […] The post Spouses May Soon Need to Agree on 401(k) Withdrawals Under This Proposed Law appeared first on SmartReads by SmartAsset.  ( 31 min )

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Major property insurance companies are reducing coverage in a number of states or leaving them altogether as losses mount, and consumers are seeing their coverage yanked.  ( 33 min )

Tupperware said on Thursday it had struck an agreement with its lenders which will help reduce or reallocate about $150 million of cash interest and fees, and would give it immediate access to a revolving borrowing capacity of about $21 million. Widely recognized for its bright-colored plastic airtight containers, the company had recently caught retail traders' attention, which has helped drive a more than 449% share surge over the past three weeks. Tupperware was the fourth most touted stock on investors-focused social media, stocktwits.com on Friday.  ( 31 min )

(Bloomberg) -- Petroleo Brasileiro SA slashed politically contentious dividends after profits declined and the Brazilian oil major set a more conservative policy for shareholder payouts. Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapElon Musk Says Treasury Bills Are ‘No-Brainer’Apple Faces Longest Sales Drop in Decades as iPhone SlumpsApple Surprises in China, Sets India High During Sales Slu  ( 31 min )

One of the most important decisions in retirement is choosing how much to withdraw from your savings. You need to take out enough to meet your spending needs, but not so much that you end up running out of money. While there's no real consensus on a safe withdrawal rate, a recent report from Edward […] The post How Much Should I Withdraw From My Retirement Account? Edward Jones Says Start With These Percentages appeared first on SmartReads by SmartAsset.  ( 32 min )

The stock market has a lot of turn-around stories without the gains priced in.  ( 33 min )

Apple sales fall 1% in the fiscal third quarter and the iPhone giant says it expects a similar performance in the current period, Amazon beats earnings expectations and issues better-than-expected guidance, and Booking Holding sees a record summer travel season.  ( 27 min )

Shares of the sports betting company surge after DraftKings posts second-quarter revenue that beat expectations.  ( 26 min )

Under fire for downgrading U.S. federal debt, ratings analyst Richard Francis took to the airwaves on Wednesday to explain his reasoning and lobby for support.  ( 32 min )

Amazon shares surged on Friday in Frankfurt trading after the company issued an upbeat outlook for the third quarter, while Apple's German-listed shares fell after the company forecast a continued slide in sales. Amazon jumped 8.5% on the German market, echoing the steep rise in extended U.S. trading on Thursday after the company reported sales growth and profit that beat Wall Street's expectations, thanks to faster, cheaper deliveries to customers and to the recent headwinds in cloud-computing beginning to subside. Apple shares fell 2.3% in Frankfurt fell 2.3% after the iPhone maker on Thursday forecast that a sales slump would continue into the current quarter, which sent shares down in after-hours trading despite beating Wall Street sales and profit targets in the fiscal third quarter.  ( 30 min )

(Bloomberg) -- The Treasury yield curve has steepened this week, but the shift is unnerving investors as it comes through a painful selloff in longer bonds rather than the rally in shorter debt most expected.Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapElon Musk Says Treasury Bills Are ‘No-Brainer’Apple Surprises in China, Sets India High During Sales SlumpChina Official’s Call to Save Xi’s  ( 32 min )

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(Bloomberg) -- Apple Inc. grew revenue in China a surprisingly strong 8% while setting a record for Indian iPhone sales, bright spots in an otherwise disappointing quarterly check-in from the world’s most valuable company.Most Read from BloombergQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenElon Musk Says Treasury Bills Are ‘No-Brainer’The Strange Story Behind ‘Baldur’s Gate 3,’ One of the Year’s Biggest ReleasesFit  ( 32 min )

Will it happen or not? That is the question economy observers have been grappling with over the past year regarding the prospect of a looming recession. But while not long ago the consensus was that one was all but inevitable – and a full-blown recession at that – the tune has changed more recently. Factoring in the resilient economy and the hasty retreat of prior alarming inflation levels, many financial experts now think that if a recession does materialize, it will be of the mild variety. One  ( 34 min )

The United Auto Workers union is pressing for the substantial wage increase for factory workers at GM, Ford and Stellantis.  ( 27 min )

The S&P 500 fell 0.5% on Friday, Aug. 4, 2023, after the Labor Department's latest jobs report showed the pace of hiring slowed.  ( 1 min )

U.S. equities were higher at midday on Friday, Aug. 4, 2023 on the back of strong earnings reports, while a cooler-than-expected July jobs report raised optimism the Fed could ease back on its campaign of rate hikes to cool inflation.  ( 1 min )

Halfway through a economically confusing and, at times, turbulent 2023, many investors are questioning how they should proceed with their investment strategy  ( 1 min )

Job growth is projected to slow and Amazon shares are soaring after the ecommerce giant blew by analyst revenue expectations. Here’s what investors need to know today.  ( 1 min )

NASA heeft weer contact gekregen met de Voyager 2, de ruimtesonde die zich op 19,9 miljard kilometer van de aarde bevindt. Het contact met de in 1977 gelanceerde Voyager 2 was even verdwenen door een foutje van de vluchtleiding.  ( 4 min )

Meerdere partijen hebben de afgelopen tijd interesse getoond in VanMoof. Dat melden de curatoren van het failliete fietsenmerk. Zij willen volgende week meer duidelijkheid geven over een eventuele doorstart.  ( 4 min )

Veel kantoormedewerkers weten het gevoelsmatig misschien al: in de middag zijn zij vaak minder productief dan aan het begin van de dag. Helemaal op vrijdag. Onderzoekers vinden nu bewijs voor dit fenomeen in een Texaans kantoor.  ( 5 min )

Nederland schort de "directe samenwerking" met Niger op. Steun aan ontwikkelings- en veiligheidsprojecten die via de landelijke overheid loopt, wordt stopgezet. In het Afrikaanse land werd vorige week een staatsgreep gepleegd.  ( 4 min )

De voedselprijzen zijn wereldwijd voor het eerst in drie maanden gestegen. De prijzen zijn in juli met 1,3 procent opgelopen.  ( 3 min )

De online verpakkingsvrije supermarkt Pieter Pot heeft in twee weken tijd 335.000 euro opgehaald bij haar klanten. Met het geld wil het bedrijf het vertrouwen van leveranciers terugwinnen en de schappen bijvullen.  ( 4 min )

Consumenten moeten oppassen als ze willen shoppen bij webwinkel Femme-Boutique. Toezichthouder ACM, de politie en de Consumentenbond ontvingen al tientallen klachten over de webshop, meldt ACM.  ( 3 min )

Fabrieken in Duitsland hebben in juni onverwacht veel meer bestellingen binnengekregen. Dat is een teken dat de grootste economie van Europa stabieler wordt.  ( 3 min )

De Deense containerrederij en vrachtvervoerder A.P. Møller-Maersk verwacht dat het wereldwijde containervolume dit jaar sterker zal dalen dan eerder gedacht. Het bedrijf rekent op een krimp van wel 4 procent.  ( 3 min )

De winst van Booking.com en Airbnb is in het tweede kwartaal harder gestegen dan het aantal geboekte nachten. Hogere prijzen op de reisplatforms zorgden voor meer geld in het laatje.  ( 3 min )

Apple verkocht het afgelopen kwartaal minder iPhones, Macs en iPads. Daardoor daalde de totale omzet van het bedrijf voor het derde kwartaal op rij. Een lichtpuntje voor Apple was de verkoop van digitale producten, zoals abonnementen op Apple Music en iCloud.  ( 4 min )

Het gemiddelde bedrag waarvoor mensen een hypotheek afsloten steeg in juli voor het eerst sinds ruim een jaar. Door de hogere lonen kunnen mensen meer geld lenen.  ( 4 min )

197.000 Nederlanders hebben tussen 1 maart en 1 mei verzuimd aangifte inkomstenbelasting te doen. Dat zijn er twee keer zoveel als vorig jaar. De Belastingdienst probeert ze er via brieven, sms'jes en telefoontjes toch aan te herinneren, voordat een boete volgt.  ( 6 min )

197.000 Nederlanders hebben tussen 1 maart en 1 mei verzuimd aangifte inkomstenbelasting te doen. Dat zijn er twee keer zoveel als vorig jaar. De Belastingdienst probeert ze er via brieven, sms'jes en telefoontjes toch aan te herinneren, voordat een boete volgt.  ( 6 min )

Toyota, GAC-Toyota, and Pony.ai will invest $140 million to manufacture a fleet of driverless taxis in China.  ( 1 min )

Investors are constantly looking for ways to generate solid returns, after all, that is the whole point of investing. Achieving that goal is easier said than done, however. As with anything, if it were really simple, investors would only have success stories to tell. That said, there are ways to gain an edge in the market, and one common route is to keep track of insiders’ actions. Insiders are the high-level company officers, Board members, CFOs and COOs, up to CEOs, whose positions give them a  ( 35 min )

(Bloomberg) -- Apple Inc. posted its third straight quarter of declining sales and predicted a similar performance in the current period, hurt by an industrywide slump that has sapped demand for phones, computers and tablets.Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapElon Musk Says Treasury Bills Are ‘No-Brainer’China Official’s Call to Save Xi’s City Angers Flood VictimsThe Strange Story  ( 34 min )

(Bloomberg) -- In 2022 it was “Schwinger,” or traditional Swiss wrestlers, that were the star attraction. This year it was youth groups. Every Aug. 1 since 1891, patriotic Swiss have gathered on an Alpine meadow overlooking Lake Lucerne to commemorate a rebellion in 1291 that was the foundation of “modern” Switzerland. This is a country that likes tradition. Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenQQQ Churns in Late Hours on Apple, Amazon Earnings:  ( 38 min )

General Motors on Thursday said it expects to offer union workers higher wages but granting the United Auto Workers' ambitious contract demands would hurt its ability to make sound business decisions. The UAW presented its economic demands to Chrysler-parent Stellantis on Tuesday, General Motors on Wednesday and Ford on Thursday ahead of the Sept. 14 expiration of the current four-year contracts. GM said, "A fair agreement rewards our employees and also enables GM to maintain our momentum now and into the future... We think it’s important to protect U.S. manufacturing and jobs in an industry that is dominated by non-unionized competition."  ( 31 min )

Electric truck maker Nikola Corp said on Thursday it had garnered enough support for a proposal to increase the number of shares it can issue, opening the doors to much-needed capital. The company had to adjourn its shareholder meeting twice because it lacked enough votes, even as it urged shareholders for months to vote in favor of so-called Proposal 2, saying its ability to continue as a going concern would be "out of reach" without the additional shares. "This positive outcome, particularly with respect to Proposal 2, was critical for continued growth and success as we move forward with our strategic priorities," CEO Michael Lohscheller said in a statement.  ( 31 min )

Apple reported quarterly earnings Thursday after the bell, rounding out the results from the tech giants.  ( 31 min )

The agreement will help the company to reduce or reallocate about $150 million of cash interest and fees, and would give it immediate access to a revolving borrowing capacity of about $21 million. Known for its plastic airtight storage containers and bowls, Tupperware has seen a sharp drop in demand recently as consumers limit discretionary purchases amid higher prices and fears of recession. The company had on April 7 raised doubt about its ability to continue as going concern after failing to improve its business for about three years.  ( 31 min )

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The slowdown in a key moneymaker for the largest US cryptocurrency exchange came as its faced off with a powerful US regulator.  ( 32 min )

Electric truck maker Nikola Corp said on Thursday it had garnered enough support for a proposal to increase the number of shares it can issue, opening the doors to much-needed capital. The company had to adjourn its shareholder meeting twice because it lacked enough votes, even as it urged shareholders for months to vote in favor of so-called Proposal 2, saying its ability to continue as a going concern would be "out of reach" without the additional shares.  ( 30 min )

Apple’s eked out a slightly higher profit last quarter even though sales dipped during the period, a time during which the iPhone maker became the first publicly held company in the U.S. to be valued at $3 trillion. The results released Thursday covered April through June, the third consecutive quarter that Apple has posted a year-over-year decline in revenue. Apple's stock declined by about 1% in extended trading after the numbers came out.  ( 30 min )

For the past few quarters, the lifting of pandemic curbs has fueled domestic and international travel in a boost to hotel operators such as Marriott International and Hilton Worldwide Holdings. Room nights booked for the quarter ended June rose 9% from last year, Booking said. Gross travel bookings, which refers to the total dollar value of all the travel services booked by customers, jumped 15%.  ( 31 min )

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Apple’s fiscal third quarter results are out. The tech giant booked less revenue than a year ago from its signature products, while its services business did better. Here is a roundup of how each major product segment fared: iPhone revenue of $39.7 billion, down 2.4% from a year ago, and below a  ( 22 min )

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While second-quarter revenue met estimates, cloud firm Digital Ocean said customer spending continues to tighten. Meanwhile, it will restate first-quarter results for accounting errors.  ( 26 min )

Sales of iPhones missed analyst estimates, but revenue in the company services unit reached a record high.  ( 27 min )

Coinbase reported a sixth straight quarterly loss Thursday as regulatory risks and lower trading volumes continued to weigh on the company. The loss wasn't as bad as analysts expected, and the company's stock rose in after-hours trading before giving up those gains. The biggest U.S. cryptocurren  ( 22 min )

Apple on Thursday reported sales and profit that beat Wall Street expectations despite a decline in iPhone sales, with its signature device's performance in China helping the company navigate a global decline in the smartphone market. Apple said sales for the fiscal third quarter ended July 1 fell 1.4% to $81.8 billion and earnings per share rose 5% to $1.26. IPhone sales slightly missed analyst estimates, but were made up for by strong sales in the services segment that contains Apple TV+ and by sales in China that grew 8% year over year.  ( 32 min )

Stocks slipped lower Thursday as a downgrade-spurred sell-off extended across the indexes and earnings season continued in full force.  ( 31 min )

Today's best CD rate is 5.75% APY, offered by both Andrews Federal Credit Union and Citizens State Bank. We track CD rates every morning to bring you the top options.  ( 19 min )

(Bloomberg) -- Elon Musk sees a lot to like at the shortest end of the Treasury curve.Most Read from BloombergTreasury Rout Saps Risk Appetite as Stocks Retreat: Markets WrapFitch’s US Credit Downgrade Sparks Criticism Along With UneaseCanada PM Justin Trudeau Splits With Wife Sophie GregoireThe Strange Story Behind ‘Baldur’s Gate 3,’ One of the Year’s Biggest ReleasesNYC Considers Central Park Among Sites to House Migrants as Crisis MountsOn Thursday, Musk, the chief executive of Tesla Inc. and  ( 31 min )

Today's CDs are paying record rates, offering their highest returns in at least 16 years. But will banks and credit unions push rates even higher in August?  ( 19 min )

Treasury bill yields are above 5% after the Federal Reserve lifted its benchmark lending rate by a quarter-point last week.  ( 32 min )

Over the next few years, the U.S. could see a surge in seniors living in poverty, one retirement expert predicts.  ( 32 min )

Tesla's electric vehicle (EV) sales in China fell more than 30% last month compared with June, according to the China Passenger Car Association (CPCA). Domestic EV manufacturers in China like BYD, Nio (NIO), and Xpeng (XPEV) gained ground.  ( 19 min )

PayPal is finding few friends in the market these days. The payments giant topped consensus analyst forecasts in its second-quarter report on Wednesday on total payment volume, net revenue and net income, according to Visible Alpha. But the stock is sinking fast on Thursday, down by nearly 11%, era  ( 24 min )

“Americans have always been waiting for the other shoe to drop.”  ( 32 min )

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Stocks slipped lower Thursday as a downgrade-spurred sell-off extended across the indexes and earnings season continued in full force.  ( 31 min )

MicroStrategy (MSTR) CEO Michael Saylor said his software company will continue to be the go-to company for investors to gain exposure to bitcoin (BTC) without directly buying it, even if a spot bitcoin exchange-traded fund (ETF) is rolled out.  ( 31 min )

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It was all ... Yellow. Shares of the trucking company, which is expected to file for bankruptcy after saying over the weekend that it was [shutting down operations,](https://www.wsj.com/articles/the-fall-of-a-trucking-giant-why-yellow-is-on-the-verge-o  ( 22 min )

The content delivery network provider sees better-than-forecast growth and raises its full-year revenue outlook.  ( 26 min )

Elon Musk’s Tesla is facing a legal battle with drivers over claims the company falsely advertised how many miles its electric cars can travel on a full battery.  ( 32 min )

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Wall Street analysts say Qualcomm faces prolonged smartphone weakness but differ on how its diversification plans are shaping up.  ( 26 min )

(Bloomberg) -- PayPal Holdings Inc. shares slumped after the payments giant said a key measure of profits shrank in the second quarter as the company had to set aside more money to cover souring loans it has made to merchants. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseCanada PM Justin Trudeau Splits With Wife Sophie GregoireS&P 500 Has Worst Day Since April After Big Rally: Markets WrapMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceHere  ( 32 min )

Households that make over $200,000 annually comprise just a sliver of all tax returns that are filed in a given year, but their movement between states can have a significant financial impact. When a state loses more high-earning tax filers … Continue reading → The post Where High-Earning Households Are Moving – 2022 Study appeared first on SmartAsset Blog.  ( 41 min )

When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 41 min )

Earning more money can make it easier to pay the bills, fund your financial goals and spend on hobbies or "fun," but what income is considered to make you rich? The answer can depend on several factors, including where you … Continue reading → The post What Income Level Is Considered Rich? appeared first on SmartAsset Blog.  ( 42 min )

The markets have been hot these past six months. The pace of inflation is cooling off, the Federal Reserve is expected to dial back its own pace of interest rate hikes, tech stocks are booming on the strength of AI, and in all, the S&P gave five consecutive months of gains through the end of July. But did we just see a black swan? Fitch cut the US government’s credit rating yesterday, from AAA to AA+, saying that the Federal government’s fiscal situation is likely to deteriorate significantly ov  ( 34 min )

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A recent study from the career experts Zety says that 40% of respondents fear retirement more than death. And almost nine in 10 responded that their biggest retirement fear is not having enough income. For married couples, planning retirement for two people can … Continue reading → The post Average Retirement Savings for Married Couples By Age appeared first on SmartAsset Blog.  ( 40 min )

Cummins posted higher second-quarter sales and income thanks to its acquisition of Meritor, but EBITDA declined. The post Cummins reports higher Q2 sales and income appeared first on FreightWaves.  ( 31 min )

Online furniture retailer Wayfair surprised by posting adjusted earnings in the second quarter, while Wall Street had expected a loss.  ( 26 min )

Johnson & Johnson is allowing shareholders to swap for shares of Kenvue, which has brands like Tylenol, at a discount.  ( 26 min )

The e-commerce software company expects faster revenue growth than Wall Street analysts had penciled in.  ( 26 min )

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“There are some things that people shouldn’t worry about and this is one,” he said.  ( 26 min )

Mizuho analysts see a $350 billion to $400 billion total addressable market opportunity in student loan refinancing for the fintech.  ( 26 min )

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Shares of Tupperware, Rite Aid and trucking giant Yellow have been on a wild ride. The eye-popping swings in recent days are reminiscent of the meme-stock craze during the pandemic that turned [GameStop into an unlikely stock-market star](https://www.wsj.com/articles/keith-gill-drove-the-gamestop-r  ( 23 min )

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A downgrade-spurred stock sell-off looked to deepen across the indexes.  ( 30 min )

The online furniture retailer posted adjusted earnings of 21 cents a share for its second quarter. Wall Street had forecast a loss of 73 cents.  ( 26 min )

Nucor, U.S. Steel and others are counting on infrastructure projects and auto production to raise demand.  ( 27 min )

(Bloomberg) -- It’s business-as-usual for Warren Buffett’s Berkshire Hathaway after Fitch Ratings’ downgrade of the US.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseCanada PM Justin Trudeau Splits With Wife Sophie GregoireS&P 500 Has Worst Day Since April After Big Rally: Markets WrapMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceHere Are the 78 Charges Trump Now Faces, and All the Prison Time“Berkshire bought $10 billion in US Treasuries l  ( 31 min )

Warner Bros. Discovery reported second-quarter earnings on Thursday. Here's what to know.  ( 33 min )

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Anheuser-Busch Inbev reported a drop in U.S. revenue in the second quarter as Bud Light sales plunged amid a conservative backlash over a campaign with transgender influencer Dylan Mulvaney. The world's largest brewer said Thursday that revenue in the United States declined by 10.5% in the April-to-June period from a year earlier, “primarily due to the volume decline of Bud Light.” It has lost its place as America’s best-selling beer after more than two decades, slipping into second place in June behind Mexican lager Modelo Especial, which is also owned by the Belgium-based ABInBev.  ( 31 min )

Moderna Inc on Thursday raised its annual forecast for COVID-19 vaccine sales to up to $8 billion on hopes of a boost in the fall season as sales move to a private market in the United States from government contracts. Sales of COVID-19 products have slumped after bumper growth during the peak of the pandemic. Moderna expects $6 billion to $8 billion in sales from its COVID shots this year, up from its previous forecast of $5 billion, driven by potential U.S. demand for 50 to 100 million doses in the fall season.  ( 31 min )

AB InBev earnings beat expectations despite boycott denting Bud Light sales, American Airlines is talking to Airbus and Boeing about ordering more jets, and other news to start your day.  ( 26 min )

Qualcomm issues a revenue forecast below analysts' expectations, PayPal's results disappoint, and trading activity at Robinhood falls. Apple and Amazon are scheduled to report earnings after the closing bell Thursday.  ( 27 min )

There's a lot of things that are different from the last time the US got downgraded.  ( 32 min )

The company reported an adjusted operating margin of 21.4% for the three months ended June 30, below estimates of 22%, according to Refinitiv IBES data. "This was another disappointing earnings report from PayPal," Edward Jones analyst Logan Purk said. "This will fuel investor's bearish outlook that PayPal's focus on its largest customers will result in lower overall profitability."  ( 30 min )

The largest residential solar developer in the U.S. reported good numbers. But it’s not quite the ray of sunshine for the sector investors might think.  ( 26 min )

Anheuser Busch InBev reported underlying earnings of 72 cents a share for the second quarter, beating expectations despite a fall in U.S. revenue.  ( 26 min )

The owner of Bud Light has revealed a steep drop in US sales after the beer’s collaboration with a transgender social media influencer sparked a backlash.  ( 32 min )

(Bloomberg) -- Shares in Asia fell for a third day, following losses on Wall Street, while Treasuries extended a selloff as investors digested better-than-expected US labor-market data and prepared for a rush of US government bond issuance next week.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Has Worst Day Since April After Big Rally: Markets WrapCanada PM Justin Trudeau Splits With W  ( 33 min )

Aero-engineer Rolls-Royce reported underlying operating profit of 673 million pounds ($855 million) in its first half, more than five times the level of a year ago, led by a large improvement in its civil aerospace margin. The British company upgraded its full-year profit forecast last month to 1.2-1.4 billion pounds ($1.6-1.8 billion) from its previous guidance of 800 million-1 billion pounds. The market had been forecasting 934 million pounds.  ( 30 min )

NEW DELHI (Reuters) -India has restricted imports of laptops, tablets and personal computers with immediate effect, according to a government notice on Thursday, in a bid to push local manufacturing. In April-June, electronics imports, which include laptops, tablets and personal computers, was $19.7 billion, up 6.25% year-on-year.  ( 30 min )

The exchange is struggling because last year's plunge in cryptocurrencies has discouraged people from trading, hitting its most important source of revenue.  ( 25 min )

The company reports earnings Thursday. The key will almost certainly be the outlook for Amazon Web Services, its cloud computing platform.  ( 26 min )

Consensus estimates call for revenue to be down slightly from a year ago. But a legion of bullish analysts see better growth ahead.  ( 26 min )

While its Covid-19 vaccine became one of the best-selling medicines of all time, clocking $18.4 billion in sales in 2022, Moderna has no other marketed products.  ( 26 min )

Johnson & Johnson is allowing shareholders to swap for shares of Kenvue, which has brands like Tylenol, at a discount.  ( 26 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

Billionaire investor William Ackman on Wednesday said his hedge fund Pershing Square Capital Management has placed a bet against U.S. 30-year Treasuries, calling it both a hedge on the impact of higher long-term rates on stocks and a good standalone bet. The Federal Reserve has raised interest rates aggressively to curb inflation and signaled last month that it is keeping its options open after having raised rates by a quarter point to their highest level since 2001. Ackman, once one of Wall Street's most voluble investors who cemented his reputation as an activist investor by pushing for changes at companies ranging from Chipotle Mexican Grill to railroad Canadian Pacific, has recently used the social media platform to opine on economic policy and presidential politics.  ( 30 min )

The twin tech giants, which represent billions in consumer and business spending, will deliver highly-anticipated quarterly reports on Thursday.  ( 33 min )

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In the postpandemic economy, we are living more and working less.  ( 26 min )

Such has been the unpredictable nature of the markets and the economy in 2023, that’s it’s hard to guess what’s coming next. For example, it should be remembered that at the start of the year and coming off the back of 2022’s merciless bear market, few had predicted the ensuing rally that has taken place since. Likewise, for the broader economy. Against a backdrop of soaring inflation and high interest rates, there were plenty of financial prognosticators warning of an impending vicious recessio  ( 34 min )

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Back-to-back letters of credit consist of two LOCs used in international transactions facilitated by a broker. Learn how they help remove the risk of a payment default.  ( 22 min )

Although high student loan debt is a problem for many Americans, this $1.7 trillion burden isn’t being shouldered equally by all borrowers. Learn more.  ( 33 min )

The S&P 500 fell 0.3% on Thursday, Aug. 3, 2023 after weaker-than-expected earnings reports from ecommerce, travel, and chip companies weighed on the index.  ( 19 min )

The Higher Education Act of 1965 is a federal law that created financial assistance programs for post-secondary school students and strengthened educational resources.  ( 24 min )

Expedia Group shares plummeted after the online travel site reported sales and bookings that missed forecasts. The company gave weaker-than-expected guidance as growth slowed.  ( 17 min )

Company-owned life insurance (COLI) is a type of policy that companies purchase to insure against the death of one or more employees.  ( 21 min )

AB InBev sales in the U.S. plunged following the controversy over Dylan Mulvaney's promotion of Bud Light.  ( 16 min )

Here’s a list of the top mutual funds, which pay regular dividends, for frequent income.  ( 25 min )

Some electric car owners are now experiencing higher costs to power their vehicles than to fill up their gas-powered equivalents—if you calculate the costs a certain way.  ( 19 min )

Shares of Regeneron jumped after the drug maker indicated it expects the FDA will soon approve a higher-dose version of its blockbuster drug to treat macular degeneration.  ( 17 min )

A certificate of insurance (COI) is a nonnegotiable document issued by an insurance company or broker verifying the existence of an insurance policy. Learn how it works.  ( 21 min )

The Hong Kong Stock Exchange is the seventh-largest in the world and easily accessible through ETFs.  ( 23 min )

Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards showed no change in the overall median available rate. These are the current rates as of August 2023.  ( 24 min )

Today's best CD rate is 5.75% APY, offered by both Andrews Federal Credit Union and Citizens State Bank. We track CD rates every morning to bring you the top options.  ( 18 min )

A CD-secured loan is loan that uses a certificate of deposit as collateral. These loans allow you to borrow money for potentially lower interest rates than other loans.  ( 23 min )

Pareto efficiency is an economic state in which resources are allocated in the most efficient manner.  ( 29 min )

Employment and payroll data is expected to remain stable Friday, but any surprises could roil the markets.  ( 16 min )

Today's CDs are paying record rates, offering their highest returns in at least 16 years. But will banks and credit unions push rates even higher in August?  ( 19 min )

Consumers with super-prime credit are considered to have excellent credit and pose the least risk to lenders and creditors.  ( 24 min )

Indemnity insurance is an agreement wherein one party guarantees compensation for losses or damages incurred by another.  ( 24 min )

Refinancing Parent PLUS loans can help you save money and reduce your monthly payments. Learn how to refinance your Parent PLUS loan.  ( 22 min )

Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.  ( 23 min )

Learn about the top index mutual funds with some of the lowest expense ratios.  ( 21 min )

The free cash flow (FCF) formula calculates the amount of cash left after a company pays operating expenses and capital expenditures. Learn how to calculate it.  ( 26 min )

A reverse repurchase agreement is the purchase of securities with the agreement to sell them at a higher price at a specific future date.  ( 23 min )

Tesla's electric vehicle (EV) sales in China fell more than 30% last month compared with June, according to the China Passenger Car Association (CPCA). Domestic EV manufacturers in China like BYD, Nio (NIO), and Xpeng (XPEV) gained ground.  ( 18 min )

Here's how countries use sovereign wealth funds to stabilize their economies, though these investments can lack transparency.  ( 22 min )

Payhip, an e-commerce platform, enables users to create online storefronts that sell digital downloads, online courses, coaching, memberships, and physical products. It makes money by charging subscription fees for its plans as well as by taking a transaction fee from each sale.  ( 23 min )

Tesla is being sued for fraud after reports revealed the company has been knowingly inflating driving-range figures at the behest of CEO Elon Musk.  ( 19 min )

TikTok dropshipping is a business model that uses the TikTok platform to generate sales by advertising products that are being offered through an online dropshipping store. Dropshipping lets people sell products from third party suppliers without being required to hold or ship inventory themselves.  ( 25 min )

Five developed nations have no federally regulated minimum wage and may use unions to ensure workers are fairly paid.  ( 21 min )

Both credit ratings and credit scores are designed to show potential lenders and creditors a borrower’s likelihood of repaying a debt.  ( 23 min )

U.S. equities were mixed and little changed at midday on Thursday, Aug. 3, 2023, amid concerns about higher interest rates and the latest earnings reports.  ( 16 min )

A triangle is a continuation pattern used in technical analysis that looks like a triangle on a price chart.  ( 23 min )

Find out why bank stocks usually trade below book value and understand how trading activities increase a bank's risk exposure and affect its valuation.  ( 20 min )

Deflation is a decrease in the price level of goods and services and the opposite of inflation when prices rise.  ( 20 min )

Popular among investors and analysts, specific financial ratios help evaluate healthcare sector companies.  ( 20 min )

Robinhood shares were sharply lower after the company posted mixed earnings, which included a Monthly Active User (MAU) drop.  ( 17 min )

The U.S. debt grows every year. But how does national debt actually affect you?  ( 27 min )

PayPal beat quarterly profit and sales estimates, but a drop in adjusted operating margin and money set aside to cover bad loans sent shares lower.  ( 16 min )

Qualcomm shares tumbled after the cellphone chipmaker missed revenue estimates and warned about current quarter sales because of slowing demand for smartphones.  ( 16 min )

Life insurance provides a financial safety net for your loved ones, but in certain situations, your policy might not pay out the death benefit.  ( 24 min )

To boost local manufacturing and restrict imports from China, India has imposed licensing requirements that affect computer imports and impact Apple, Dell, and Samsung.  ( 18 min )

Thirty-year mortgage rates edged higher while jumbo 30-year rates jumped to their highest mark since at least 2009. Refinancing rates on 30-year loans climbed for a fifth day.  ( 20 min )

With its high yields and the ubiquity of iPhones, Apple's savings account has attracted over $10 billion in deposits since its launch in April.  ( 17 min )

Joint tenancy is a legal arrangement in which two or more people own a property together, each with equal rights and obligations.  ( 28 min )

Energy giant ConocoPhillips posted second-quarter profit and revenue that missed expectations, reflecting a pullback in oil prices from last year's highs and despite record production levels.  ( 17 min )

Creditworthiness is a measure of the likelihood that you will default on your debt obligations. Lenders consider your creditworthiness when you apply for a loan.  ( 21 min )

Funds transfer pricing (FTP) analyzes bank funding contributes to areas of strength and weakness within the bank.  ( 22 min )

If you want to purchase government debt, you can go straight to the source at TreasuryDirect. However, there are other ways to buy Treasuries.  ( 25 min )

Robinhood shares fell as its first-time profit was overshadowed by a drop in users and Anheuser-Busch InBev shares rose after it beat estimates on earnings despite a boycott. Here’s what investors need to know today.  ( 18 min )

Understand the difference between sponsored American depositary receipts (ADRs) categorized within level I, II or III. Find out how investors can benefit.  ( 21 min )

A lease option is an agreement that gives a renter the choice to purchase the rented property during or at the end of the rental period.  ( 29 min )

A quitclaim deed releases a person’s interest in a property without stating the nature of the person’s interest or rights, and with no warranties of ownership.  ( 21 min )

The S&P 500 fell 0.3% on Thursday, Aug. 3, 2023 after weaker-than-expected earnings reports from ecommerce, travel, and chip companies weighed on the index.  ( 1 min )

Employment and payroll data is expected to remain stable Friday, but any surprises could roil the markets.  ( 1 min )

U.S. equities were mixed and little changed at midday on Thursday, Aug. 3, 2023, amid concerns about higher interest rates and the latest earnings reports.  ( 1 min )

Robinhood shares fell as its first-time profit was overshadowed by a drop in users and Anheuser-Busch InBev shares rose after it beat estimates on earnings despite a boycott. Here’s what investors need to know today.  ( 1 min )

Tesla's electric vehicle (EV) sales in China fell more than 30% last month compared with June, according to the China Passenger Car Association (CPCA). Domestic EV manufacturers in China like BYD, Nio (NIO), and Xpeng (XPEV) gained ground.  ( 1 min )

Tesla is being sued for fraud after reports revealed the company has been knowingly inflating driving-range figures at the behest of CEO Elon Musk.  ( 1 min )

Shares of Regeneron jumped after the drug maker indicated it expects the FDA will soon approve a higher-dose version of its blockbuster drug to treat macular degeneration.  ( 1 min )

With its high yields and the ubiquity of iPhones, Apple's savings account has attracted over $10 billion in deposits since its launch in April.  ( 1 min )

Saoedi-Arabië gaat de olieproductie nog een maand langer beperken. De olieprijzen stijgen al maanden doordat olieproducerende landen hun productie terugschroeven. En dat merken we aan de pomp.  ( 3 min )

De brand op vrachtschip Fremantle Highway heeft geen financiële gevolgen voor Volkswagen. Volgens een woordvoerder is "een zeer klein deel" van de auto’s aan boord van een van de Volkswagen-merken, zoals Audi, Seat of Volkswagen zelf. En die zijn verzekerd.  ( 4 min )

Na een Russische aanval op de Oekraïense havenstad Izmail is de prijs van graan weer gestegen. Oekraïne produceert veel graan, maar kan het door de oorlog lastig exporteren. Rusland trok zich onlangs terug uit de 'graandeal'. NU.nl-lezers vroegen zich af: is er echt geen alternatief?  ( 3 min )

Nederlandse kersentelers beleven een dramatisch jaar door het koude en natte voorjaar. De oogsten zijn volgens telers de helft lager dan in 2022, met duurdere kersen tot gevolg. Inmiddels zijn er ook zorgen over bijvoorbeeld bessen en aardappelen.  ( 4 min )

SNS Bank, ASN Bank en RegioBank verhogen hun spaarrentes. Dat doen ze in navolging van renteverhogingen van de Europese Centrale Bank (ECB) en andere grote banken als Rabobank, ABN AMRO en ING.  ( 4 min )

Nederlandse kersentelers beleven een dramatisch jaar door het koude en natte voorjaar. De oogsten zijn volgens telers de helft lager dan in 2022, met duurdere kersen tot gevolg. Inmiddels zijn er ook zorgen over bijvoorbeeld bessen en aardappelen.  ( 4 min )

In navolging van de Europese en Amerikaanse centrale bank heeft nu ook de Bank of England de rente verhoogd naar het hoogste niveau in jaren. De verhogingen zijn bedoeld om de inflatie te bestrijden.  ( 3 min )

Met het slechte weer trekken vakantiegangers en dagjesmensen naar binnenzwembaden. De kaartjes voor zwembaden bij Center Parks-vakantieparken voor vandaag zijn bijna uitverkocht en die voor vrijdag raken ook op. Bij andere zwembaden blijven buitenbaden dicht.  ( 4 min )

Een korte pinstoring zorgde er donderdag voor dat er bij kassa's door het hele land tijdelijk niet of nauwelijks gepind kon worden. Inmiddels zijn de problemen volgens Betaalvereniging Nederland verholpen.  ( 3 min )

Een landelijke pinstoring veroorzaakt door het hele land problemen aan de kassa's. Mensen kunnen hun boodschappen mogelijk niet afrekenen met een pinpas en moeten met cashgeld betalen. Er wordt gewerkt aan een oplossing.  ( 3 min )

Het Belgische bierconcern AB InBev kan opgelucht ademhalen. Het moederbedrijf van onder meer Budweiser werd het afgelopen kwartaal geteisterd door de inflatie en een boycot, maar maakte wereldwijd toch 7 procent meer omzet.  ( 3 min )

De Turkse inflatie is in juli na acht maanden van daling weer gestegen. De prijzen in het land gingen met 47,8 procent omhoog ten opzichte van dezelfde maand vorig jaar.  ( 3 min )

Nintendo maakte nog nooit zoveel winst als in het afgelopen kwartaal. Het Japanse bedrijf scoorde volop met The Super Mario Bros. Movie en het populaire spel The Legend of Zelda: Tears of the Kingdom.  ( 3 min )

We kiezen steeds vaker voor een stroomcontract met Nederlandse groene stoom. Het gaat dan om een combinatiecontract met gas waarvan de CO2-uitstoot wordt gecompenseerd. Het afgelopen kwartaal werd dat 22 procent vaker aangevraagd dan een jaar terug, meldt prijsvergelijker PriceWise.  ( 3 min )

Consumenten ondervinden meer hinder van de energietransitie. Het gebeurt bijvoorbeeld steeds vaker dat ze hun opgewekte zonnestroom kortstondig niet kunnen terugleveren aan het stroomnet.  ( 3 min )

Chinese kinderen onder de achttien jaar mogen binnenkort mogelijk nog maar een paar uur per dag online op hun telefoons. De Chinese toezichthouder heeft daarvoor een voorstel ingediend. In China wordt de schermtijd van kinderen al jaren beperkt.  ( 4 min )

We kiezen steeds vaker voor een stroomcontract met Nederlandse groene stoom. Het gaat dan om een combinatiecontract met gas waarvan de CO2-uitstoot wordt gecompenseerd. Het afgelopen kwartaal werd dat 22 procent vaker aangevraagd dan een jaar terug, meldt prijsvergelijker PriceWise.  ( 3 min )

De Duitse luchtvaartmaatschappij Lufthansa verwacht dat de vraag naar vliegtickets ook de rest van het jaar hoog blijft. Het aantal boekingen van augustus tot en met december is ruim 90 procent groter dan in de periode voor de coronacrisis.  ( 3 min )

ING heeft afgelopen kwartaal flink geprofiteerd van de hogere rente. Het concern zag vooral de rente-inkomsten toenemen.  ( 3 min )

Het UWV wist al sinds 2020 dat het de online privacy van uitkeringsgerechtigden schond door zonder toestemming cookies te plaatsen om te checken of mensen met een WW-uitkering ongeoorloofd in het buitenland verbleven. Dat blijkt uit onderzoek van de NOS.  ( 5 min )

Inwoners van Friesland bewijzen dat geld niet per se gelukkig maakt. Zij zijn bovengemiddeld tevreden over hun leven, terwijl de Randstad en Noord-Brabant beduidend rijker zijn.  ( 5 min )

De stijgende loonkosten zorgen ervoor dat de prijzen op een hoog niveau blijven. In verschillende sectoren zijn de lonen de afgelopen maanden flink gestegen en steeds meer bedrijven berekenen dat nu door.  ( 5 min )

Het UWV wist al sinds 2020 dat het de privacy van uitkeringsgerechtigden schond door zonder toestemming cookies te plaatsen om te kijken of ze ongeoorloofd in het buitenland verbleven terwijl ze een WW-uitkering ontvingen. Dat blijkt uit onderzoek van de NOS.  ( 5 min )

De stijgende loonkosten zorgen ervoor dat de prijzen op een hoog niveau blijven. In verschillende sectoren zijn de lonen de afgelopen maanden flink gestegen en steeds meer bedrijven berekenen dat nu door.  ( 5 min )

A Yellow employee has filed a class-action lawsuit over the company’s failure to provide advance notices of mass layoffs. The post Abrupt layoffs center of lawsuit against Yellow appeared first on FreightWaves.  ( 31 min )

China's loss in India could be Elon Musk's gain. Tesla has had a red-carpet welcome from India for its proposal to invest in the country, while its largest rival in electric vehicles, China's BYD, has been stopped cold by increased scrutiny from New Delhi. The result could be an opening for Tesla to negotiate terms for an entry to the world's third-largest auto market without the competitive threat from BYD that it faces in other emerging markets, like Thailand.  ( 33 min )

The EV market has become extremely competitive in 2023, and while some of the smaller players are getting crushed, smart investors are betting on highly profitable niches such as electric boats  ( 43 min )

(Bloomberg) -- Qualcomm Inc., the largest maker of smartphone processors, fell as much as 8.2% in late trading after giving a tepid sales forecast for the current quarter, indicating that demand for mobile devices remains weak.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Has Worst Day Since April After Big Rally: Markets WrapCanada PM Justin Trudeau Splits With Wife Sophie GregoireHere  ( 32 min )

(Bloomberg) -- Qualcomm Inc., the largest maker of smartphone processors, gave a tepid revenue forecast for the current period, indicating that demand for mobile devices remains weak even as the industry emerges from a glut.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Drops 1% After Rally as Bond Yields Climb: Markets WrapPoland Sends Troops to Belarus Border After Airspace BreachWhy t  ( 31 min )

Investors frowned on PayPal's second quarter report.  ( 9 min )

Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs  ( 25 min )

The company reported non-GAAP earnings of $1.16, edging out expectations at $1.15 a share, according to FactSet.  ( 26 min )

EVgo reported a per-share loss of 8 cents from $50.6 million in sales. Wall Street was looking for a 26-cent loss from sales of $29.5 million.  ( 26 min )

U.S. midstream company Energy Transfer on Wednesday reported lower earnings for the second quarter despite higher transport volumes in most energy product segments versus a year ago. Lower natural gas and natural gas liquids (NGL) prices affected results, the company said. Energy Transfer expects full-year 2023 adjusted EBITDA to range between $13.1 billion and $13.4 billion, which is slightly tighter than the previous range of $13.05 billion to $13.45 billion.  ( 31 min )

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The company reported non-GAAP earnings of $1.16, edging out expectations at $1.15 a share, according to FactSet.  ( 26 min )

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(Bloomberg) -- Occidental Petroleum Corp. bought back $522 million of Berkshire Hathaway Inc.’s preferred stock in the second quarter, demonstrating its willingness to repay Warren Buffett even as commodity prices drop. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Has Worst Day Since April After Big Rally: Markets WrapPoland Sends Troops to Belarus Border After Airspace BreachWhy the U  ( 31 min )

The e-commerce software company expects faster revenue growth than Wall Street analysts had penciled in.  ( 26 min )

See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )

SolarEdge Technologies shares cratered after the solar power company warned its business is being hurt by high borrowing costs, and gave current quarter guidance that missed estimates.  ( 18 min )

Richard Branson's Virgin Galactic saw its revenue and expenses both surge in the second quarter as it officially began flying paying customers.  ( 31 min )

Occidental Petroleum Corp on Wednesday reported an 83% slump in second-quarter profit, hit by lower oil and gas prices. Oil and gas prices soared last year in the wake of Russia's invasion of Ukraine but energy prices have dropped sharply this year as fears of shortages eased amid global economic challenges. The lower oil prices were still lucrative for oil producers and Occidental's production in the quarter rose to 1.22 million barrels of oil equivalent per day (boepd) from 1.15 million boepd a year earlier.  ( 30 min )

Occidental Petroleum Corp on Wednesday reported an 83% decline in second-quarter profit on lower crude prices and weaker production. Occidental, one of the largest oil and gas producers in the U.S., said net income attributable to common stockholders stood at $605 million, or $0.63 per share, for the three months ended June 30, compared with $3.55 billion, or $3.47 per share, a year ago.  ( 30 min )

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Though inflationary headwinds and subsequent interest rate hikes have squeezed budgets in households, consumer spending held up through the second quarter, driving an 11% surge in PayPal's total payment volume to $376.5 billion. PayPal expects third-quarter revenue at about $7.4 billion, above analysts' average estimate of $7.32 billion, according to Refinitiv data. The optimistic revenue forecast echoed results of card giants Mastercard and Visa, which posted a boost in quarterly profits on the back of strong consumer spending.  ( 31 min )

Payments firm PayPal Holdings forecast third-quarter revenue above estimates on Wednesday, expecting consumers to remain resilient in the face of a tough economy. Though inflationary headwinds and subsequent interest rate hikes have squeezed budgets in households, consumer spending held up through the second quarter, driving an 11% surge in PayPal's total payment volume to $376.5 billion. PayPal expects third-quarter revenue at about $7.4 billion, above analysts' average estimate of $7.32 billion, according to Refinitiv data.  ( 31 min )

South American e-commerce giant MercadoLibre reported on Wednesday a 113% rise in its second-quarter net income from a year earlier to $261.9 million, amid higher sales volume and an increase in users. The company, with presence in over 18 countries across Latin America, saw its net revenue rise 57.3% in constant currency to $3.4 billion. Over the quarter, MercadoLibre said it added 8.1 million new users across its operations, bringing its total active user base to 108.6 million.  ( 31 min )

Demand for consumer electronics has also been hampered by a slower-than-expected economic recovery in China. Smartphone shipments in the world's second largest economy were down 5% in the June quarter, according to Canalys data. Qualcomm said its forecast also takes into account the impact of the macroeconomic headwinds, weaker global handset units and channel inventory drawdown.  ( 30 min )

Stocks slid Wednesday after the Fitch agency downgraded US credit.  ( 31 min )

Fitch downgraded the U.S. credit rating in a shock move that has sent stocks lower. But there is reason to believe it won't be as bad as the last downgrade.  ( 26 min )

Amazon will report its Q2 2023 earnings on Thursday after the market closes.  ( 33 min )

JPMorgan Chase CEO Jamie Dimon criticized Fitch's decision to downgrade the U.S. government's credit rating, calling it “ridiculous.” “I would point out to the rating agencies if I could that there are a bunch of countries rated higher than us, like AAA, but they live under the American enterprise  ( 11 min )

(Bloomberg) -- A deal to take Donald Trump’s media company public is facing another major setback, putting into question whether it will ever get completed. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Drops 1% After Rally as Bond Yields Climb: Markets WrapPoland Sends Troops to Belarus Border After Airspace BreachWhy the US Credit Rating Was Cut by Fitch and What It MeansSpecial-purpo  ( 32 min )

The fall came amid a broader sell-off in the tech sector that saw megacap stocks fall 1.5% to 5% and the Philadelphia SE Semiconductor Index drop 3.5%. AI has been a key theme in the chip sector so far this year, driving shares of chip companies and helping Nvidia become the first and only semiconductor firm to be valued at more than a trillion dollars. Investors hope AMD will emerge with a challenger chip to Nvidia's most powerful AI semiconductors and help in fulfilling strong demand for chips that can power applications like chatbot ChatGPT.  ( 31 min )

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UBS Group is laying off employees from Credit Suisse's investment bank this week in New York, a source familiar with the situation said. On top of the layoffs in New York, UBS has decided to close Credit Suisse's office in Houston, the person added, asking for anonymity to speak freely on the matter. The office in Houston used to lead business with the oil industry, which will now be covered by New York, the source added, also declining to specify the number of people affected.  ( 30 min )